Mixed options sentiment in Robinhood (HOOD), with shares down 44c near $65.58.Options volume relatively light with 43k contracts traded and calls leading puts for a put/call ratio of 0.22, compared to a typical level near 0.45. Implied volatility (IV30) is higher by 0.6 points near 66.74,and below the 52wk median, suggesting an expected daily move of $2.76. Put-call skew flattened, suggesting a modestly bullish tone.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HOOD:
- Robinhood Legend Enters UK Market to Capture 11M Active Traders
- Option traders moderately bearish in Robinhood with shares down 0.84%
- Kraken to List Tokenized Nvidia (NVDA), Apple and Tesla Stocks
- Robinhood Stock (HOOD) Slides Despite Delivering on ‘Amazon Prime’ Like Promise
- Robinhood management to meet with Needham
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue