As one of the biggest market winners last Friday, blockchain mining specialist Cipher Mining (CIFR) easily ranked among the top highlights in Barchart’s screener for unusual stock options volume. A list of intriguing derivative market trades, it’s always worthwhile to check the unusual options indicator to understand what the smart money could be buying or selling.
Following Friday’s closing bell, total contract volume for CIFR stock options stood at 96,314 against an open interest reading of 236,882. This result represented a 404.47% increase over the trailing one-month average metric, demonstrating significant demand. Further, call volume pipped put volume, 52,250 contracts compared to 44,064.
