Bullish flow in Bitmine Immersion Technologies Inc (BMNR), with shares up $5.64, or 11.83%, near $53.38. Options volume more than double the daily average with 348k contracts traded and calls leading puts for a put/call ratio of 0.33, compared to a typical level near 0.51. Implied volatility (IV30) is up nearly 12.0 points near 133.19,and below the 52wk median, suggesting an expected daily move of $4.48. Put-call skew flattened, suggesting a modestly bullish tone.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BMNR:
- SharpLink Loads the Cannons in a $1.5 Billion-Dollar Ethereum Gambit
- Crypto Currents: Fed’s Waller sees potential for stablecoins to improve payments
- Mixed options sentiment in Bitmine Immersion Technologies Inc with shares down 7.8%
- Crypto Currents: MetaMask and Stripe partner on new stablecoin
- Mixed options sentiment in Bitmine Immersion Technologies Inc with shares down 11.84%