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Mixed options sentiment in Opendoor Technologies with shares down 6.54%

Mixed options sentiment in Opendoor Technologies (OPEN), with shares down 44c near $6.21. Options volume running well above average with 1.22m contracts traded and calls leading puts for a put/call ratio of 0.57, compared to a typical level near 0.33. Implied volatility (IV30) is higher by 6.7 points near 176.68,in the top quartile of the past year, suggesting an expected daily move of $0.69. Put-call skew steepened, indicating increased demand for downside protection.

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