Option traders moderately bearish in Robinhood with shares down 0.84%

Option traders moderately bearish in Robinhood (HOOD), with shares down 55c near $64.22.Options volume roughly in line with average with 75k contracts traded and calls leading puts for a put/call ratio of 0.39, compared to a typical level near 0.47. Implied volatility (IV30) is higher by 1.5 points near 68.38,and above the 52wk median, suggesting an expected daily move of $2.77. Put-call skew steepened, indicating increased demand for downside protection.