Options volume is more than double the daily average, with 131k contracts traded and calls leading puts for a put/call ratio of 0.29, compared to a typical level near 0.42. Implied volatility (IV30) dropped 8.09 to 117.38,below the median, suggesting an expected daily move of $0.77. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Rigetti Computing (RGTI) will report earnings after the close on 2025-05-12.Option markets are pricing in a 50% probability of a move greater than 12.38% or $1.28.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RGTI:
- Is Rigetti Computing Stock (RGTI) a Buy Before Q1 Earnings?
- Bullish flow in Rigetti Computing (RGTI), with shares up $1.06 (+11.51%) near $10.31.
- Quantum Leap: WISeKey unveils ‘Quantum Root Key’ Root of Trust
- Can Rigetti (RGTI) Cool Down Quantum Computing’s Hottest Problem?
- 3 Quantum Computing Stocks to Buy Now, According to Analysts – 5/6/2025