Moderately bullish activity in Opendoor Technologies (OPEN), with shares up 20c, or 3.34%, near $6.03. Options volume roughly in line with average with 122k contracts traded and calls leading puts for a put/call ratio of 0.34, compared to a typical level near 0.27. Implied volatility (IV30) is higher by 5.6 points near 78.71,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.30. Put-call skew steepened, indicating increased demand for downside protection.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OPEN:
- Moderately bullish activity in Opendoor Technologies with shares up 0.43%
- Up 293% YTD, Will Opendoor Stock (OPEN) Rise Further on Homebuyer Acquisition?
- Opendoor Technologies acquires Homebuyer.com, Growth Chief confirms
- Mixed options sentiment in Opendoor Technologies with shares up 5.96%
- Morning News Wrap-Up: Monday’s Biggest Stock Market Stories!
