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Moderately bullish activity in Bitfarms with shares up 9.49%

Moderately bullish activity in Bitfarms (BITF), with shares up 24c, or 9.49%, near $2.77. Options volume running well above average with 50k contracts traded and calls leading puts for a put/call ratio of 0.08, compared to a typical level near 0.26. Implied volatility (IV30) is higher by 0.4 points near 104.14,in the bottom quartile of the past year, suggesting an expected daily move of $0.18. Put-call skew steepened, indicating increased demand for downside protection.

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