Bullish flow in Cipher Mining (CIFR), with shares up 14c, or 0.79%, near $18.39. Options volume roughly in line with average with 100k contracts traded and calls leading puts for a put/call ratio of 0.3, compared to a typical level near 0.41. Implied volatility (IV30) is higher by 3.9 points near 107.01,and below the 52wk median, suggesting an expected daily move of $1.24. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CIFR:
- Crypto Currents: Morgan Stanley files for ETFs as Grayscale pays first yield
- Cipher Mining appoints Lee Bratcher as head of policy, government affairs
- Mixed options sentiment in Cipher Mining with shareslittle changed
- Largest borrow rate increases among liquid names
- Altimmune, Pure Storage, Globalstar, Cipher Mining, AutoZone Shake-Up
