Mixed options sentiment in Cipher Mining (CIFR), with shares down 58c near $22.18. Options volume roughly in line with average with 260k contracts traded and puts leading calls for a put/call ratio of 1.14, compared to a typical level near 0.28. Implied volatility (IV30) dropped 9.22 near 129.63,in the top quartile of the past year, suggesting an expected daily move of $1.81. Put-call skew steepened, indicating increased demand for downside protection.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CIFR:
- Cipher Mining Expands with New Texas Data Center
- Cipher Mining Announces $1.4 Billion Notes Offering
- Cipher Mining announces proposed offering of $1.4B of senior secured notes
- Cipher Mining price target raised to $27.50 from $14.50 at Northland
- Cipher Mining price target raised to $33 from $25 at Rosenblatt