Option traders moderately bearish in Rigetti Computing (RGTI), with shares down 36c near $15.31. Options volume roughly in line with average with 22k contracts traded and calls leading puts for a put/call ratio of 0.96, compared to a typical level near 0.74. Implied volatility (IV30) is higher by 0.8 points near 87.69,in the bottom quartile of the past year, suggesting an expected daily move of $0.85. Put-call skew steepened, indicating increased demand for downside protection.
Claim 30% Off TipRanks
Forget margin or options. Here's how the pros trade RGTIPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RGTI:
- Quantum Hype May Be Ahead of Reality: What QTUM ETF Signals Now
- U.S. Launches $293 Million Genesis Mission to Drive Next AI and Quantum Wave
- Quantum Computing News: New Study Questions Scale as U.S. and UK Pour Billions Into Growth
- Why the U.K.’s $2B Quantum Plan Matters for IonQ, Rigetti, and Big Tech
- Quantum Computing News: IBM and Quantinuum Push Hybrid Computing as Security Race Heats Up