Mixed options sentiment in Riot Blockchain (RIOT), with shares down 8c near $9.94. Options volume relatively light with 69k contracts traded and calls leading puts for a put/call ratio of 0.24, compared to a typical level near 0.27. Implied volatility (IV30) dropped 0.33 near 68.02,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.43. Put-call skew flattened, suggesting a modestly bullish tone.
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 RIOT:
- Opening Day: Caris jumps as investors buy into ‘AI TechBio company’
- Trump Weekly: FT details Zuckerberg transformation into ‘MAGA Mark’
- Trump Trade: Meta CEO was in talks to become Trump adviser
- Crypto Currents: Senate passes bill for stablecoin regulatory framework
- Trump says will ‘show the world how to win with digital assets’