Moderately bullish activity in Rigetti Computing (RGTI), with shares up 4c, or 0.35%, near $11.32. Options volume relatively light with 77k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.41. Implied volatility (IV30) is higher by 0.3 points near 90.23,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.64. Put-call skew steepened, indicating increased demand for downside protection.
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