Moderately bullish activity in Riot Blockchain (RIOT), with shares up 18c, or 0.96%, near $19.43. Options volume running well above average with 292k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.43. Implied volatility (IV30) dropped 0.04 near 88.15,and below the 52wk median, suggesting an expected daily move of $1.08. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Overweight at JPMorgan.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RIOT:
- Crypto Currents: Bitcoin Depot acquires National Bitcoin ATM assets
- Riot Platforms produces 445 bitcoin in September
- Moderately bullish activity in Riot Blockchain with shares up 1.58%
- Riot Platforms price target raised to $24.50 from $17 at Northland
- Mixed options sentiment in Riot Blockchain with shares down 1.42%
