Moderately bullish activity in Rigetti Computing (RGTI), with shares up $2.25, or 5.79%, near $41.09. Options volume relatively light with 127k contracts traded and calls leading puts for a put/call ratio of 0.94, compared to a typical level near 1.33. Implied volatility (IV30) dropped 4.4 near 131.42,and above the 52wk median, suggesting an expected daily move of $3.40. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Rigetti Computing (RGTI) 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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