tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mixed options sentiment in Bitfarms with shares down 3.74%

Mixed options sentiment in Bitfarms (BITF), with shares down 11c near $2.83. Options volume relatively light with 14k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.24. Implied volatility (IV30) is higher by 1.9 points near 111.01,and below the 52wk median, suggesting an expected daily move of $0.20. Put-call skew steepened, indicating increased demand for downside protection.

TipRanks Cyber Monday Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1