Mixed options sentiment in Cipher Mining (CIFR), with shares down 92c near $19.43. Options volume relatively light with 40k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.46. Implied volatility (IV30) dropped 1.81 near 116.05,and above the 52wk median, suggesting an expected daily move of $1.42. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Overweight at JPMorgan.
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