Opendoor Technologies Shares Down, Mixed Options Sentiment
Mixed options sentiment in Opendoor Technologies (OPEN), with shares down 10c near $5.05. Options volume relatively light with 68k contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 0.26. Implied volatility (IV30) dropped 2.78 near 92.57,in the bottom quartile of the past year, suggesting an expected daily move of $0.29. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Opendoor Technologies (OPEN) 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.