Mixed options sentiment in Opendoor Technologies with shares up 11.35%

Mixed options sentiment in Opendoor Technologies (OPEN), with shares up 26c, or 11.35%, near $2.55. Options volume more than double the daily average with 828k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.16. Implied volatility (IV30) dropped 1.2 near 242.7, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.39. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Opendoor Technologies (OPEN) will report earnings after the close on 2025-08-05.Option markets are pricing in a 50% probability of a move greater than 33.03% or $0.84.