Bullish option flow detected in Cipher Mining with 19,309 calls trading, 3x expected, and implied vol increasing almost 14 points to 131.65%. Jul-24 7.5 calls and 7/26 weekly 7.5 calls are the most active options, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 0.07. Earnings are expected on August 6th.
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