Robinhood Shares Rise 4.85% to $118.20
Moderately bullish activity in Robinhood (HOOD), with shares up $5.47, or 4.85%, near $118.20. Options volume relatively light with 219k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.35. Implied volatility (IV30) is higher by 4.1 points near 76.28, in the highest 10% of observations over the past year, suggesting an expected daily move of $5.68. Put-call skew steepened, indicating increased demand for downside protection.