Moderately bullish activity in Rigetti Computing (RGTI), with shares up $1.37, or 5.74%, near $25.25. Options volume relatively light with 71k contracts traded and calls leading puts for a put/call ratio of 0.7, compared to a typical level near 1.09. Implied volatility (IV30) is higher by 4.7 points near 93.79,in the bottom quartile of the past year, suggesting an expected daily move of $1.49. Put-call skew steepened, indicating increased demand for downside protection.
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