Financial giants have made a conspicuous bearish move on Rigetti Computing. Our analysis of options history for Rigetti Computing RGTI revealed 74 unusual trades.
Delving into the details, we found 32% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 31 were puts, with a value of $1,797,374, and 43 were calls, valued at $2,422,233.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $1.5 to $38.0 for Rigetti Computing over the recent three months.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for Rigetti Computing options trades today is 2462.12 with a total volume of 83,001.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Rigetti Computing's big money trades within a strike price range of $1.5 to $38.0 over the last 30 days.
Rigetti Computing 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RGTI | PUT | TRADE | BULLISH | 05/16/25 | $4.0 | $3.8 | $3.85 | $14.00 | $250.2K | 756 | 751 |
| RGTI | PUT | TRADE | BEARISH | 01/10/25 | $1.35 | $1.25 | $1.35 | $18.50 | $135.0K | 2.0K | 2.1K |
| RGTI | CALL | TRADE | BEARISH | 02/21/25 | $6.8 | $6.4 | $6.4 | $13.00 | $128.0K | 1.3K | 403 |
| RGTI | CALL | SWEEP | BEARISH | 05/16/25 | $12.7 | $12.3 | $12.35 | $6.00 | $111.2K | 880 | 181 |
| RGTI | CALL | TRADE | BEARISH | 01/17/25 | $1.05 | $1.0 | $1.01 | $22.00 | $101.0K | 3.0K | 1.6K |
About Rigetti Computing
Rigetti Computing Inc is engaged in the business of full-stack quantum computing. Its proprietary quantum-classical infrastructure provides ultra-low latency integration with public and private clouds for high-performance practical quantum computing. The company has developed the industry's first multi-chip quantum processor for scalable quantum computing systems. Geographically, it derives a majority of its revenue from the United States.
Having examined the options trading patterns of Rigetti Computing, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Rigetti Computing Standing Right Now?
- With a trading volume of 80,349,733, the price of RGTI is up by 1.59%, reaching $19.82.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 65 days from now.
Expert Opinions on Rigetti Computing
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $12.0.
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Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Rigetti Computing options trades with real-time alerts from Benzinga Pro.
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