Mixed options sentiment in Cipher Mining (CIFR), with shares up 1c, or 0.07%, near $14.60. Options volume relatively light with 70k contracts traded and calls leading puts for a put/call ratio of 0.13, compared to a typical level near 0.41. Implied volatility (IV30) dropped 1.36 near 92.24,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.85. Put-call skew steepened, indicating increased demand for downside protection.
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