Cboe data shows mixed options sentiment in Bitmine Immersion Technologies Inc with shares up 3.1%
Cboe data shows mixed options sentiment in Bitmine Immersion Technologies Inc (BMNR), with shares up 46c, or 3.1%, near $15.14. Options volume roughly in line with average with 90k contracts traded and calls leading puts for a put/call ratio of 0.21, compared to a typical level near 0.37. Implied volatility (IV30) dropped 1.34 near 81.25,in the bottom quartile of the past year, suggesting an expected daily move of $0.78. Put-call skew steepened, indicating increased demand for downside protection.The company will report earnings after the close today. Option markets are pricing in a 50% probability of a move greater than 3.99% or $0.60.
Cboe data shows mixed options sentiment in Bitmine Immersion Technologies Inc (BMNR), with shares up 46c, or 3.1%, near $15.14.
Options volume roughly in line with average with 90k contracts traded and calls leading puts for a put/call ratio of 0.21, compared to a typical level near 0.37.
Implied volatility (IV30) dropped 1.34 near 81.25,in the bottom quartile of the past year, suggesting an expected daily move of $0.78.
Put-call skew steepened, indicating increased demand for downside protection.The company will report earnings after the close today.
Option markets are pricing in a 50% probability of a move greater than 3.99% or $0.60.