Option traders moderately bearish in Robinhood with shares down 9.81%

Option traders moderately bearish in Robinhood (HOOD), with shares down $7.91 near $72.71. Options volume running well above average with 554k contracts traded and calls leading puts for a put/call ratio of 0.89, compared to a typical level near 0.55. Implied volatility (IV30) is up nearly 12.0 points near 92.15, in the highest 10% of observations over the past year, suggesting an expected daily move of $4.22. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Robinhood (HOOD) will report earnings after the close on 2026-02-10.Option markets are pricing in a 50% probability of a move greater than 13.55% or $9.85.