November 21, 2024November 21, 2024

Riot Blockchain call volume above normal and directionally bullish

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Bullish option flow detected in Riot Blockchain with 31,318 calls trading, 1.2x expected, and implied vol increasing almost 6 points to 116.95%. 11/22 weekly 13 calls and Jan-25 20 calls are the most active options, with total volume in those strikes near 7,000 contracts. The Put/Call Ratio is 0.15. Earnings are expected on February 20th.

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