Mixed options sentiment in Robinhood (HOOD), with shares up $4.21, or 5.8%, near $76.81. Options volume roughly in line with average with 290k contracts traded and calls leading puts for a put/call ratio of 0.61, compared to a typical level near 0.48. Implied volatility (IV30) dropped 1.15 near 60.89,and below the 52wk median, suggesting an expected daily move of $2.95. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Sell at Redburn Atlantic.
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:
- Option traders moderately bearish in Robinhood with shares down 1.82%
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Flutter’s FanDuel has discussed deal with Kalshi, Front Office Sports reports
- Robinhood Markets Stock (HOOD) Marches Higher as Crypto Volatility Drives Net Deposits
- Robinhood price target raised to $82 from $81 at Goldman Sachs
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue