Moderately bullish activity in Bitmine Immersion Technologies Inc (BMNR), with shares down 50c near $21.64. Options volume roughly in line with average with 127k contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 0.48. Implied volatility (IV30) is higher by 0.2 points near 82.55,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.13. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BMNR:
- Bitmine Smashes 5 Million Token Goal as Tom Lee Calls Ether a Top Wartime Asset
- Crypto Currents: Bitmine claims 4.21% of all ether in record treasury
- BitMine Becomes Largest Ethereum Treasury, Expands NYSE Presence
- Bitmine Immersion reports total crypto and total cash holdings of $13.3B
- BioNTech, HPE, BitMine, US Bancorp, Rezolve AI Shock
