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Mixed options sentiment in Riot Blockchain with shares up 1.7%

Mixed options sentiment in Riot Blockchain (RIOT), with shares up 23c, or 1.7%, near $13.78. Options volume relatively light with 19k contracts traded and puts leading calls for a put/call ratio of 1.22, compared to a typical level near 0.34. Implied volatility (IV30) is higher by 0.4 points near 72.22,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.63. Put-call skew steepened, indicating increased demand for downside protection.

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