Rigetti Computing Sees Mixed Sentiment as Financial Giants Bet on Bearish Future

In a dramatic move that has caught the attention of the market, major financial players have recently shown a conspicuous bearish stance on Rigetti Computing (RGTI), signaling potential volatility ahead for the quantum computing giant. Our analysis of Rigetti’s options history reveals a striking pattern of trades, with 43% of investors displaying bearish tendencies and 37% showing bullish interest.

Options Trading Data Reveals Investor Sentiment Shift

Over the last three months, a substantial volume of trades has been placed within a specific price range for Rigetti Computing, centered between $10.00 and $25.00. A deeper dive into the options data has illuminated key developments, as 16 unusual trades were detected—spanning a mix of puts and calls. Specifically, 6 puts totaling $235,677 and 10 calls valued at $999,907 were noted, with investors positioning themselves for varying outcomes.

The options market’s fluctuations suggest that institutional investors and whales have taken a noticeable interest in Rigetti’s pricing trajectory. According to options activity, these significant trades indicate that large traders are eyeing a potential price movement within the $10.00 to $25.00 range in the near term.

Spotlight on Key Rigetti Options Trades

Some significant trades from the options market include:

• Call Trade (Neutral Sentiment) – $210.0K on a $10.00 strike price expiring on 02/21/25, with a volume of 3,000 contracts.
• Call Sweep (Bullish Sentiment) – A $210.0K sweep trade, indicating some investors have a short-term bullish outlook with a $10.00 strike price.
• Call Trade (Bearish Sentiment) – A $128.0K bearishly oriented call trade with a $10.00 strike price, scheduled for 03/21/25, revealing differing outlooks on Rigetti’s performance.
• Call Sweep (Bearish Sentiment) – A $72.6K bearish sweep with a $15.00 strike price, expiring on 05/16/25, potentially signaling concerns over Rigetti’s future pricing.

Rigetti’s Market Dynamics and Financial Outlook

Rigetti Computing Inc. operates at the cutting edge of quantum computing, offering full-stack solutions to harness quantum-classical infrastructure for high-performance systems. With its proprietary technology, including the industry’s first multi-chip quantum processor, Rigetti is positioning itself as a leader in scalable quantum computing.

Despite these impressive technological feats, the company faces challenges that have led to a mixed investor sentiment. Rigetti generates a substantial portion of its revenue from the United States but remains exposed to the broader volatility of the emerging quantum computing sector. Financial markets have increasingly taken notice of market sentiment shifts reflected in options trading, especially with the recent uptick in bearish moves against the stock.

As quantum computing continues to evolve, the options market’s fluctuations may serve as a barometer for Rigetti’s potential price movements. Investors and traders will be watching closely for further developments.