Moderately bullish activity in Bitfarms (BITF), with shares up 38c, or 9.24%, near $4.55. Options volume roughly in line with average with 69k contracts traded and calls leading puts for a put/call ratio of 0.1, compared to a typical level near 0.18. Implied volatility (IV30) is higher by 4.8 points near 168.08,in the top quartile of the past year, suggesting an expected daily move of $0.48. Put-call skew steepened, indicating increased demand for downside protection.
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