Bullish option flow detected in Riot Blockchain with 32,941 calls trading, 1.6x expected, and implied vol increasing over 1 point to 105.53%. 3/31 weekly 9.5 calls and 3/31 weekly 9 puts are the most active options, with total volume in those strikes near 13,000 contracts. The Put/Call Ratio is 0.35. Earnings are expected on May 2nd.
Published first on TheFly
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