Moderately bullish activity in Cipher Mining (CIFR), with shares down 71c near $15.10. Options volume relatively light with 65k contracts traded and calls leading puts for a put/call ratio of 0.44, compared to a typical level near 0.41. Implied volatility (IV30) is higher by 9.4 points near 129.18,in the top quartile of the past year, suggesting an expected daily move of $1.23. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Cipher Mining (CIFR) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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