Mixed options sentiment in Robinhood (HOOD), with shares up $1.31, or 1.81%, near $73.82. Options volume roughly in line with average with 81k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.47. Implied volatility (IV30) dropped 0.63 near 60.95,and below the 52wk median, suggesting an expected daily move of $2.83. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Sell at Redburn Atlantic.
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