Mixed options sentiment in Bitfarms (BITF), with shares down 2c near $2.73. Options volume relatively light with 9448 contracts traded and calls leading puts for a put/call ratio of 0.08, compared to a typical level near 0.2. Implied volatility (IV30) dropped 6.07 near 135.56,and above the 52wk median, suggesting an expected daily move of $0.23. Put-call skew steepened, indicating increased demand for downside protection.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BITF: