Option traders moderately bearish in Bitmine Immersion Technologies Inc (BMNR), with shares down $2.56 near $17.75. Options volume running well above average with 310k contracts traded and calls leading puts for a put/call ratio of 0.93, compared to a typical level near 0.65. Implied volatility (IV30) is up nearly 18.0 points near 117.65,and above the 52wk median, suggesting an expected daily move of $1.32. Put-call skew steepened, indicating increased demand for downside protection.
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