Romeo Power, Inc. (RMO) call put ratio 3.5 calls to 1 put amid a sharp rally

April 7, 2021 4:25 AM EDT
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Price: $8.37 +0.48%

Overall Analyst Rating:
    NEUTRAL (Up Up)

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Romeo Power, Inc. (NYSE: RMO) April call option implied volatility is at 180, May is at 135; compared to its 52-week range of 19 to 211 as shares surge after Paccar (PCAR) takes minority stake in Romeo Power as part of supply agreement. Call put ratio 3.5 calls to 1 put with focus on April 10, 12.50 and 15 calls.



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