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Moderately bullish activity in Riot Blockchain with shares up 5.79%

Moderately bullish activity in Riot Blockchain (RIOT), with shares up 74c, or 5.79%, near $13.61. Options volume running well above average with 67k contracts traded and calls leading puts for a put/call ratio of 0.55, compared to a typical level near 0.68. Implied volatility (IV30) is higher by 4.5 points near 88.12,and above the 52wk median, suggesting an expected daily move of $0.76. Put-call skew steepened, indicating increased demand for downside protection.

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