Mixed options sentiment in Riot Blockchain (RIOT), with shares down $1.18 near $16.82. Options volume roughly in line with average with 154k contracts traded and calls leading puts for a put/call ratio of 0.56, compared to a typical level near 0.46. Implied volatility (IV30) dropped 6.84 near 88.08,and below the 52wk median, suggesting an expected daily move of $0.93. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RIOT:
- Bullish flow in Riot Blockchain with shares up 5.48%
- Riot Platforms price target raised to $42 from $17.50 at Roth Capital
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories
- Micron reports Q4 beat, Instagram reports 3B MAUs: Morning Buzz
- Riot Platforms Stock Rallies on New Analyst Coverage
