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Moderately bullish activity in Riot Blockchain with shares up 1.68%

Moderately bullish activity in Riot Blockchain (RIOT), with shares up 26c, or 1.68%, near $15.47. Options volume relatively light with 39k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.39. Implied volatility (IV30) is higher by 1.0 points near 87.93,and below the 52wk median, suggesting an expected daily move of $0.86. Put-call skew steepened, indicating increased demand for downside protection.

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