RGTI Options Outlook: The Chain’s Magnet Sits at $15.50 — Our Read Still Says Lower

Rigetti Computing, Inc., ticker RGTI, closed at 14.17. Hold that number. Every level in this episode is measured against it. Our read into the July 31 expiration is leaning bearish, and it is not a conviction call. The price trend is still falling, and there is no meaningful pile of open put contracts anywhere below the close to slow a slide. The complication runs the other way. The heaviest…

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