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.
Claim 55% 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:
- American Bitcoin Backed by Trump’s Sons Targets September Nasdaq Launch
- Mixed options sentiment in Riot Blockchain with shares up 1.1%
- Bullish flow in Riot Blockchain with shares up 1.73%
- Riot Platforms Stock Soars Amid Crypto Boom
- Crypto Currents: Fed’s Waller sees potential for stablecoins to improve payments