Mixed options sentiment in Riot Blockchain (RIOT), with shares up $1.68, or 11.84%, near $15.87. Options volume more than double the daily average with 88k contracts traded and calls leading puts for a put/call ratio of 0.23, compared to a typical level near 0.74. Implied volatility (IV30) dropped 0.96 near 86.0,and above the 52wk median, suggesting an expected daily move of $0.86. Put-call skew flattened, suggesting a modestly bullish tone.
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:
- Crypto Currents: Corporate bitcoin buying outpaces new supply by 62%
- Moderately bullish activity in Riot Blockchain with shares up 5.79%
- Riot Platforms produces 1,473 bitcoin in Q1
- Option traders moderately bearish in Riot Blockchain with shares up 1.63%
- Riot Blockchain put volume heavy and directionally bearish