Check Out What Whales Are Doing With CIFR

Benzinga's options scanner has just identified more than 9 option transactions on Cipher Mining CIFR, with a cumulative value of $897,109. Concurrently, our algorithms picked up 7 puts, worth a total of 752,354.

Latest Startup Investment Opportunities:

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $2.0 to $5.5 for Cipher Mining over the recent three months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Cipher Mining's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Cipher Mining's significant trades, within a strike price range of $2.0 to $5.5, over the past month.

Cipher Mining Option Activity Analysis: Last 30 Days

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
CIFR PUT SWEEP BULLISH 01/17/25 $3.50 $190.9K 1.8K 56
CIFR PUT SWEEP BULLISH 01/17/25 $3.00 $113.1K 1.1K 800
CIFR PUT SWEEP BULLISH 01/17/25 $3.00 $112.8K 1.1K 800
CIFR CALL TRADE BULLISH 01/16/26 $2.00 $100.0K 174 500
CIFR PUT TRADE BULLISH 01/17/25 $5.50 $99.3K 11 610

About Cipher Mining

Cipher Mining Inc ia an emerging technology company that operates in the Bitcoin mining ecosystem in the United States. The company is developing a cryptocurrency mining business, specializing in Bitcoin.

Following our analysis of the options activities associated with Cipher Mining, we pivot to a closer look at the company's own performance.

Present Market Standing of Cipher Mining

  • With a trading volume of 5,254,554, the price of CIFR is up by 3.27%, reaching $2.84.
  • Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
  • Next earnings report is scheduled for 43 days from now.

What Analysts Are Saying About Cipher Mining

In the last month, 1 experts released ratings on this stock with an average target price of $5.0.

  • An analyst from Cantor Fitzgerald persists with their Overweight rating on Cipher Mining, maintaining a target price of $5.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Cipher Mining with Benzinga Pro for real-time alerts.

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CIFRCipher Mining Inc
$3.889.92%

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Edge Rankings
Momentum
19.29
Growth
Not Available
Quality
Not Available
Value
55.09
Price Trend
Short
Medium
Long
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