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Mixed options sentiment in Bitmine Immersion Technologies Inc with shares up 4.88%

Mixed options sentiment in Bitmine Immersion Technologies Inc (BMNR), with shares up $1.93, or 4.88%, near $41.38. Options volume roughly in line with average with 231k contracts traded and calls leading puts for a put/call ratio of 0.61, compared to a typical level near 0.45. Implied volatility (IV30) dropped 2.62 near 104.85,in the bottom quartile of the past year, suggesting an expected daily move of $2.73. Put-call skew steepened, indicating increased demand for downside protection.

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