Mixed options sentiment in Riot Blockchain (RIOT), with shares up 73c, or 5.46%, near $14.11. Options volume running well above average with 67k contracts traded and calls leading puts for a put/call ratio of 0.79, compared to a typical level near 0.65. Implied volatility (IV30) dropped 2.19 near 85.58,and above the 52wk median, suggesting an expected daily move of $0.76. 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:
- Riot Platforms Slides as Crypto Costs Spook Investors
- Crypto Currents: Mastercard to acquire stablecoin firm BVNK for up to $1.8B
- Option traders moderately bearish in Riot Blockchain with shares down 2.7%
- Crypto Currents: SEC-CFTC framework arrives ahead of rate decision
- Riot Platforms price target lowered to $21 from $23 at Citi
