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Mixed options sentiment in Opendoor Technologies with shares up 1.95%

Mixed options sentiment in Opendoor Technologies (OPEN), with shares up 10c, or 1.95%, near $4.97. Options volume relatively light with 65k contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 0.29. Implied volatility (IV30) dropped 2.32 near 76.66,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.24. Put-call skew steepened, indicating increased demand for downside protection.

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