tiprankstipranks

Hut 8 Mining put volume heavy and directionally bearish

Hut 8 Mining put volume heavy and directionally bearish

Bearish flow noted in Hut 8 Mining with 2,985 puts trading, or 2x expected. Most active are Oct-24 10 puts and 10/4 weekly 10.5 puts, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 2.01, while ATM IV is up nearly 14 points on the day. Earnings are expected on November 12th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue