Mixed options sentiment in Bitmine Immersion Technologies Inc (BMNR), with shares up 8c, or 0.16%, near $53.88. Options volume relatively light with 92k contracts traded and calls leading puts for a put/call ratio of 0.24, compared to a typical level near 0.38. Implied volatility (IV30) dropped 1.97 near 109.9,in the bottom quartile of the past year, suggesting an expected daily move of $3.73. Put-call skew steepened, indicating increased demand for downside protection.
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 BMNR:
- B. Riley starts five digital asset treasury companies with Buy ratings
- Bitmine Immersion initiated with a Buy at B. Riley
- Moderately bullish activity in Bitmine Immersion Technologies Inc with shares up 0.4%
- BitMine Releases Keynote Video from Token2049
- Moderately bullish activity in Bitmine Immersion Technologies Inc with shares up 7.46%
