tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mixed options sentiment in Opendoor Technologies with shares down 7.42%

Mixed options sentiment in Opendoor Technologies (OPEN), with shares down 70c near $8.68. Options volume running well above average with 462k contracts traded and calls leading puts for a put/call ratio of 0.36, compared to a typical level near 0.29. Implied volatility (IV30) is higher by 8.7 points near 146.87,and above the 52wk median, suggesting an expected daily move of $0.80. Put-call skew steepened, indicating increased demand for downside protection.

TipRanks Cyber Monday Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1