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Hut 8 Mining put volume heavy and directionally bearish
The Fly

Hut 8 Mining put volume heavy and directionally bearish

Bearish flow noted in Hut 8 (HUT) Mining with 6,490 puts trading, or 5x expected. Most active are Dec-24 21 puts and 12/27 weekly 19.5 puts, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 1.79, while ATM IV is up over 11 points on the day. Earnings are expected on March 27th.

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