Moderately bullish activity in Cipher Mining (CIFR), with shares down 0c near $15.90. Options volume relatively light with 27k contracts traded and calls leading puts for a put/call ratio of 0.21, compared to a typical level near 0.4. Implied volatility (IV30) is higher by 1.5 points near 97.29,in the bottom quartile of the past year, suggesting an expected daily move of $0.97. Put-call skew flattened, suggesting a modestly bullish tone.
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