Mixed options sentiment in Opendoor Technologies (OPEN), with shares up 24c, or 5.53%, near $4.67. Options volume roughly in line with average with 57k contracts traded and calls leading puts for a put/call ratio of 0.15, compared to a typical level near 0.34. Implied volatility (IV30) dropped 3.3 near 84.55,in the bottom quartile of the past year, suggesting an expected daily move of $0.25. Put-call skew steepened, indicating increased demand for downside protection.
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Read More on OPEN:
- Mixed options sentiment in Opendoor Technologies with shares down 2.21%
- Mixed options sentiment in Opendoor Technologies with shares up 5.91%
- Bullish flow in Opendoor Technologies with shares up 5.89%
- Unusually active option classes on open March 17th
- Opendoor Technologies call volume above normal and directionally bullish
