Bullish flow in Cipher Mining (CIFR), with shares up 22c, or 1.21%, near $18.42. Options volume relatively light with 58k contracts traded and calls leading puts for a put/call ratio of 0.46, compared to a typical level near 0.51. Implied volatility (IV30) is higher by 0.7 points near 116.75,and above the 52wk median, suggesting an expected daily move of $1.35. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Cipher Mining (CIFR) will report earnings before the open on 2026-05-05.Option markets are pricing in a 50% probability of a move greater than 15.27% or $2.81.
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