Trending | BMNR Plummets 7% on Wednesday, Some Put options Soar 500%
On October 22, Eastern Time, BitMine Immersion Tech options saw a total of 234092 contracts traded, with calls accounting for 67% and puts making up 32%.
On October 22, Eastern Time, BitMine Immersion Tech options saw a total of 234092 contracts traded, with calls accounting for 67% and puts making up 32%.
BitMine Immersion Tech has 1403764 contracts outstanding, with calls accounting for 64% and puts making up 35%.
The top volume gainer was the 55 dollars Call option expiring on October 24, 2025, with 17258 contracts traded.
On the news front, Based on recent key news:
1. Oct 20, BitMine Immersion Technologies announced its total holdings rose to $13.4 billion, including 3.24 million ETH tokens. This significant accumulation of Ethereum has positioned BitMine as a major player in the crypto market, impacting its stock price. Source: prnewswire
2. Oct 21, Tom Lee, chairman of BitMine, predicted Ethereum is poised to enter a supercycle, making the current price attractive for risk vs reward investments. This optimistic outlook has influenced investor sentiment positively. Source: Bankless podcast
3. Oct 21, BitMine's stock rose 7.92% to $53.80 on Monday, driven by institutional investor interest due to its high liquidity and substantial Ether holdings. This surge reflects confidence in BitMine's strategic positioning in the crypto market. Source: StrategicETHReservesCrypto market sees strong institutional interest.
Please note: The chart below does not include options expiring within five days.
