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Hut 8 Mining call volume above normal and directionally bullish
The Fly

Hut 8 Mining call volume above normal and directionally bullish

Bullish option flow detected in Hut 8 Mining with 17,089 calls trading, 5x expected, and implied vol increasing over 5 points to 91.99%. 5/31 weekly 10 calls and 5/31 weekly 11 calls are the most active options, with total volume in those strikes near 14,100 contracts. The Put/Call Ratio is 0.06. Earnings are expected on August 13th.

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