Trending | CIFR Surges 5% on Wednesday, Some Call options Soar 500%
On December 3, Eastern Time, Cipher Mining options saw a total of 110380 contracts traded, with calls accounting for 58% and puts making up 41%.
On December 3, Eastern Time, Cipher Mining options saw a total of 110380 contracts traded, with calls accounting for 58% and puts making up 41%.
Cipher Mining has 1499992 contracts outstanding, with calls accounting for 71% and puts making up 28%.
The top volume gainer was the 18 dollars Call option expiring on December 5, 2025, with 3185 contracts traded.
On the news front, Based on recent key news:
1. Dec 3, Cipher Mining (CIFR) was identified as a Strong Buy by TipRanks' Technical Analysis Screener, indicating bullish momentum and potential short- to mid-term upside, supported by solid analyst ratings from Wall Street. This contributed to the stock's 5% surge. Source: TipRanks
2. Dec 2, many mining companies, including CIFR, are shifting strategies towards deleveraging and maintaining liquidity, reflecting industry adaptation to economic changes. This strategic shift supports long-term viability and investor confidence. Source: Industry Report
3. Dec 2, CIFR's site is fully energized with 300MW of approved interconnection, entering agreements to participate in the ERCOT market. Despite elevated completion risk, the project is on track, boosting investor sentiment. Source: Fitch RatingsMining industry adapts to economic changes.
Please note: The chart below does not include options expiring within five days.
