Moderately bullish activity in Riot Blockchain (RIOT), with shares up 35c, or 3.03%, near $11.90. Options volume relatively light with 22k contracts traded and calls leading puts for a put/call ratio of 0.25, compared to a typical level near 0.26. Implied volatility (IV30) is higher by 1.0 points near 76.94,in the bottom quartile of the past year, suggesting an expected daily move of $0.58. Put-call skew steepened, indicating increased demand for downside protection.
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