Bullish flow in Cipher Mining (CIFR), with shares up 22c, or 1.58%, near $14.18. Options volume more than double the daily average with 234k contracts traded and calls leading puts for a put/call ratio of 0.18, compared to a typical level near 0.25. Implied volatility (IV30) is higher by 3.5 points near 171.18, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.53. 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 CIFR:
- Moderately bullish activity in Cipher Mining with shares up 0.37%
- Bullish flow in Cipher Mining with shares up 3.33%
- Cipher Mining Stock (CIFR) Sparks Investor Frenzy After 50% Spike
- Mixed options sentiment in Cipher Mining with shares up 2.35%
- Cipher Mining’s Strategic Positioning and Growth Potential Highlighted in Buy Rating by Joseph Vafi