Option traders moderately bearish in Rigetti Computing with shares down 0.78%

Option traders moderately bearish in Rigetti Computing (RGTI), with shares down 38c near $47.59. Options volume running well above average with 456k contracts traded and puts leading calls for a put/call ratio of 1.72, compared to a typical level near 1.22. Implied volatility (IV30) dropped 7.62 near 153.02,and above the 52wk median, suggesting an expected daily move of $4.59. Put-call skew steepened, indicating increased demand for downside protection.