Mixed options sentiment in Bitfarms (BITF), with shares up 27c, or 11.11%, near $2.70. Options volume roughly in line with average with 74k contracts traded and calls leading puts for a put/call ratio of 0.2, compared to a typical level near 0.2. Implied volatility (IV30) dropped 4.46 near 126.67,and above the 52wk median, suggesting an expected daily move of $0.22. Put-call skew steepened, indicating increased demand for downside protection.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the 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:
