Moderately bullish activity in Bitmine Immersion Technologies Inc (BMNR), with shares up 96c, or 5.13%, near $19.59. Options volume roughly in line with average with 99k contracts traded and calls leading puts for a put/call ratio of 0.27, compared to a typical level near 0.43. Implied volatility (IV30) is higher by 0.3 points near 73.55,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.91. Put-call skew steepened, indicating increased demand for downside protection.
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Read More on BMNR:
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