tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mixed options sentiment in Opendoor Technologies with shares up 5.96%

Mixed options sentiment in Opendoor Technologies (OPEN), with shares up 36c, or 5.96%, near $6.49. Options volume relatively light with 81k contracts traded and calls leading puts for a put/call ratio of 0.18, compared to a typical level near 0.3. Implied volatility (IV30) dropped 0.49 near 83.39,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.34. Put-call skew steepened, indicating increased demand for downside protection.

Claim 50% Off TipRanks Premium and Invest with Confidence

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

Disclaimer & DisclosureReport an Issue

1