Mixed options sentiment in Rigetti Computing (RGTI), with shares down 19c near $15.95. Options volume relatively light with 94k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.4. Implied volatility (IV30) dropped 6.38 near 99.91,in the bottom quartile of the past year, suggesting an expected daily move of $1.00. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Rigetti Computing (RGTI) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RGTI:
- Quantum Computing News: BTQ Unveils Blockchain Breakthrough, IonQ Grows Hardware Edge, IBM Targets Advantage Milestone
- D-Wave Quantum Stock (QBTS) Soars on Bullish Reviews of B. Riley and Canaccord Analysts
- Quantum Leap: IonQ teams with Emergence Quantum on hardware in Australia
- Rigetti Stock (RGTI) Pops as Top Analyst Boosts Target to Street-High on Quantum Momentum
- Rigetti Computing price target raised to $19 from $15 at B. Riley