Mixed options sentiment in Robinhood (HOOD), with shares down 8c near $135.63. Options volume relatively light with 182k contracts traded and calls leading puts for a put/call ratio of 0.59, compared to a typical level near 0.6. Implied volatility (IV30) dropped 1.81 near 58.65,in the lowest 10% of observations over the past year, suggesting an expected daily move of $5.01. Put-call skew flattened, suggesting a modestly bullish tone.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HOOD:
- Robinhood price target lowered to $154 from $166 at BofA
- Robinhood Retirement Is Here! Accelerate Towards Retirement with a Boost on Every Eligible Dollar
- Crypto Currents: Strategy buys $963M in bitcoin, Bitmine adds $435M in ether
- Moderately bullish activity in Robinhood with shares up 3.79%
- Robinhood Markets (HOOD) Sets Sights on Indonesia with New Acquisitions
