Moderately bullish activity in Bitmine Immersion Technologies Inc (BMNR), with shares up 21c, or 0.39%, near $54.70. Options volume roughly in line with average with 122k contracts traded and calls leading puts for a put/call ratio of 0.18, compared to a typical level near 0.37. Implied volatility (IV30) is higher by 0.5 points near 116.26,and below the 52wk median, suggesting an expected daily move of $4.01. Put-call skew steepened, indicating increased demand for downside protection.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BMNR:
- Mixed options sentiment in Bitmine Immersion Technologies Inc with shares down 9.02%
- BitMine Immersion (BMNR) Announces ETH Holdings Exceed 2% of Ethereum Network With ETH Holdings Exceeding 2.4 Million Tokens and Total Crypto and Cash Holdings of $11.4 Billion
- BitMine Immersion (BMNR) Announces Pricing of $365.24MM Registered Direct Offering At $70 per share
- BitMine Immersion Technologies Announces Major Stock Sale Agreement
- BitMine Immersion Technologies Expands Ethereum Holdings