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Cipher Mining call volume above normal and directionally bullish

Bullish option flow detected in Cipher Mining with 11,774 calls trading, 8x expected, and implied vol increasing almost 23 points to 204.11%. Jan-24 5.5 calls and Jan-24 10 calls are the most active options, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 0.10. Earnings are expected on March 12th.

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