Moderately bullish activity in Riot Blockchain (RIOT), with shares up 22c, or 1.65%, near $13.82. Options volume relatively light with 20k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.26. Implied volatility (IV30) is higher by 2.0 points near 83.66,and below the 52wk median, suggesting an expected daily move of $0.73. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Neutral at JPMorgan.Looking ahead: Riot Blockchain (RIOT) will report earnings after the close on 2025-07-31.Option markets are pricing in a 50% probability of a move greater than 8.75% or $1.21.
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