Mixed options sentiment in Bitmine Immersion Technologies Inc (BMNR), with shares up 18c, or 0.88%, near $21.12. Options volume roughly in line with average with 62k contracts traded and calls leading puts for a put/call ratio of 0.49, compared to a typical level near 0.46. Implied volatility (IV30) dropped 2.67 near 88.7,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.18. Put-call skew steepened, indicating increased demand for downside protection.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BMNR:
- BitMine Immersion Highlights Record Ethereum Treasury and Staking Gains
- Bitmine Immersion reports Bitmine crypto + total cash + ‘moonshots’ of $11B
- Crypto Currents: Mastercard to acquire stablecoin firm BVNK for up to $1.8B
- BitMine Stock Drops 8% as Ethereum Pullback, High Costs, and Hawkish Fed Weigh on Investors
- Bitcoin Price Slips Below $71,000 as New Inflation Fears Dampen 2026 Rate Cut Hopes