Mixed options sentiment in Bitfarms (BITF), with shares down 5c near $3.05. Options volume relatively light with 48k contracts traded and calls leading puts for a put/call ratio of 0.24, compared to a typical level near 0.23. Implied volatility (IV30) dropped 3.86 near 113.64,and below the 52wk median, suggesting an expected daily move of $0.22. Put-call skew flattened, suggesting a modestly bullish tone.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BITF:
- Crypto Currents: Vanguard opens spot digital asset ETF trading
- Mixed options sentiment in Bitfarms with shares down 5.03%
- Unusually active option classes on open December 1st
- Bullish flow in Bitfarms with shares up 7.22%
- Crypto Currents: Strategy unveils credit gauge, Robinhood eyes new markets