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Moderately bullish activity in Riot Blockchain with shares up 2.25%

Moderately bullish activity in Riot Blockchain (RIOT), with shares up 24c, or 2.25%, near $10.69. Options volume relatively light with 44k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.27. Implied volatility (IV30) is higher by 2.7 points near 77.1,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.52. Put-call skew steepened, indicating increased demand for downside protection.

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