Moderately bullish activity in Rigetti Computing (RGTI), with shares up $2.04, or 5.67%, near $38.10. Options volume running well above average with 438k contracts traded and puts leading calls for a put/call ratio of 1.14, compared to a typical level near 1.33. Implied volatility (IV30) is higher by 6.1 points near 143.66,and above the 52wk median, suggesting an expected daily move of $3.45. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Rigetti Computing (RGTI) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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 RGTI:
- Commerce official tells CNBC White House not negotiating on quantum stakes
- Midday Fly By: Tesla reports mixed Q3, Trump in talks for quantum stakes
- Rigetti tells CNBC in ongoing talks with U.S. government on funding
- Commerce official tells Reuters ‘not currently negotiating’ with quantum firms
- Quantum Computing Stocks (RGTI, QBTS, IONQ) Soar as U.S. Considers Equity Stake
