Bullish option flow detected in Cipher Mining (CIFR) with 78,991 calls trading, 1.1x expected, and implied vol increasing over 9 points to 136.12%. 10/3 weekly 13 calls and 10/10 weekly 17.5 calls are the most active options, with total volume in those strikes near 8,700 contracts. The Put/Call Ratio is 0.18. Earnings are expected on October 28th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CIFR:
- Crypto Currents: Bitcoin surges as cryptocurrency market cap tops $4T
- Cipher Mining Issues $1.3 Billion Convertible Notes
- Crypto Currents: Tether adds billions as Visa pilots stablecoins
- Cipher Mining price target raised to $15 from $10 at Needham
- Cipher Mining price target raised to $16 from $12 at Canaccord