Mixed options sentiment in Robinhood (HOOD), with shares up $8.45, or 6.5%, near $138.35. Options volume relatively light with 148k contracts traded and calls leading puts for a put/call ratio of 0.44, compared to a typical level near 0.72. Implied volatility (IV30) dropped 3.35 near 71.72,and above the 52wk median, suggesting an expected daily move of $6.25. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Robinhood (HOOD) 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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HOOD:
- UAL, DAL, AAL: Outage at Amazon Web Services Disrupts U.S. Airlines and Passengers
- Early notable gainers among liquid option names on October 20th
- Robinhood says services impacted by AWS issues
- House of Doge becomes largest equity holder in U.S. Triestina Calcio 1918
- Amazon Stock (AMZN) Holds Flat as Cloud Glitch Hits Snapchat, Coinbase, Others