Option traders moderately bearish in Riot Blockchain (RIOT), with shares down 59c near $13.55. Options volume roughly in line with average with 42k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.54. Implied volatility (IV30) is higher by 8.2 points near 100.81,in the top quartile of the past year, suggesting an expected daily move of $0.86. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Riot Blockchain (RIOT) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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