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Option traders moderately bearish in Robinhood with shares down 2.39%

Option traders moderately bearish in Robinhood (HOOD), with shares down $1.84 near $75.50. Options volume relatively light with 75k contracts traded and puts leading calls for a put/call ratio of 1.5, compared to a typical level near 0.55. Implied volatility (IV30) is higher by 1.6 points near 61.97,and below the 52wk median, suggesting an expected daily move of $2.95. Put-call skew flattened, suggesting a modestly bullish tone.

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