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RIOT Dec 2020 1.000 call

OPR - OPR Delayed Price. Currency in USD
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5.400.00 (0.00%)
As of 10:12AM EST. Market open.
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Previous Close5.40
Open5.40
Bid7.60
Ask8.10
Strike1.00
Expire Date2020-12-11
Day's Range5.40 - 5.40
Contract RangeN/A
Volume1
Open Interest1
  • Benzinga

    Analyzing Riot Blockchain's Unusual Options Activity

    Riot Blockchain (NASDAQ: RIOT) shares experienced unusual options activity on Tuesday. The stock price moved up to $8.49 following the option alert. * Sentiment: BULLISH * Option Type: SWEEP * Trade Type: CALL * Expiration Date: 2020-12-04 * Strike Price: $7.00 * Volume: 1811 * Open Interest: 3610Three Signs Of Unusual Options Activity Exceptionally large volume (compared to historical averages) is one reason for which options market activity can be considered unusual. The volume of options activity refers to the number of contracts traded over a given time period. The number of unsettled contracts that have been traded, but not yet closed, is called open interest. These contracts are not yet closed because a buyer has not purchased the contract, or a seller has not sold it.The trading of a contract with an expiration date in the distant future is another sign of unusual activity. Generally, additional time until a contract expires increases the potential for it to reach its strike price and grow its time value. Time value is important in this context because it represents the difference between the strike price and the value of the underlying asset.Contracts that are "out of the money" are also indicative of unusual options activity. "Out of the money" contracts occur when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made with the expectation that the value of the underlying asset is going to change dramatically in the future, and buyers and sellers will benefit from a greater profit margin.Understanding Sentiment Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price.These observations are made without knowing the investor's true intent by purchasing these options contracts. The activity is suggestive of these strategies, but an observer cannot be sure if a bettor is playing the contract outright or if the options bettor is hedging a large underlying position in common stock. For the latter case, bullish options activity may be less meaningful than the exposure a large investor has on their short position in common stock.Trading Options With These Strategies Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.For more information to understand options alerts, visit https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alertsSee more from Benzinga * Click here for options trades from Benzinga * 12 Technology Stocks Moving In Tuesday's Pre-Market Session * 12 Technology Stocks Moving In Monday's Intraday Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Is Riot Blockchain, Inc (RIOT) A Good Stock To Buy?
    Insider Monkey

    Is Riot Blockchain, Inc (RIOT) A Good Stock To Buy?

    Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds’ and successful investors’ positions as of the end of the third quarter. You can find articles about an individual hedge fund’s trades on numerous financial […]

  • Riot Blockchain, Inc.'s (NASDAQ:RIOT) Sole Analyst Just Made A Substantial Upgrade To Their Forecasts
    Simply Wall St.

    Riot Blockchain, Inc.'s (NASDAQ:RIOT) Sole Analyst Just Made A Substantial Upgrade To Their Forecasts

    Shareholders in Riot Blockchain, Inc. (NASDAQ:RIOT) may be thrilled to learn that the covering analyst has just...