Moderately bullish activity in Bitmine Immersion Technologies Inc (BMNR), with shares up $3.92, or 7.46%, near $56.38. Options volume roughly in line with average with 274k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.36. Implied volatility (IV30) is higher by 0.8 points near 111.86,in the bottom quartile of the past year, suggesting an expected daily move of $3.97. Put-call skew steepened, indicating increased demand for downside protection.
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