RGTI Options Volume and Open Interest Situation

Summary

On September 16, RGTI options saw a total volume of 112,911 contracts, with call options making up 71% and put options 28%.LB Option

Impact Analysis

So basically, we’re seeing a notable shift in sentiment towards Rigetti Computing (RGTI) with a significant increase in call option activity—71% of the total options volume on September 16 were calls, compared to a more balanced distribution in previous periods.LB Option This could indicate that investors are increasingly bullish on RGTI, possibly anticipating positive news or developments. The timing is interesting, given the recent bearish sentiment among large investors, where 53% of options trades were bearish.benzinga_article This shift might suggest that the market is starting to price in potential upside, perhaps due to upcoming earnings or strategic announcements. However, the relatively lower total volume compared to earlier periods (503,354 contracts) might imply that this is still a speculative move rather than a broad market consensus.LB Option+ 2 I’d read this as a potential opportunity to explore long positions, but with caution given the previous bearish outlook.