Mixed options sentiment in Opendoor Technologies (OPEN), with shares up 29c, or 5.91%, near $5.20. Options volume roughly in line with average with 147k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.31. Implied volatility (IV30) dropped 4.07 near 79.81,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.26. Put-call skew steepened, indicating increased demand for downside protection.
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Read More on OPEN:
- 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
- Moderately bullish activity in Opendoor Technologies with shares down 6.64%
- Mixed options sentiment in Opendoor Technologies with shares down 3.96%
