BitMine Options Skew Bullish: Put-Call Ratio 0.23, IV at 4th Percentile
BMNR•
BMNR•BitMine shares have plunged about 45% while traders hold a put-call volume ratio of 0.23 and an open interest ratio of 0.35 as of June 15, signaling bullish bets. Implied volatility sits at the 4th percentile, making calls near one-year lows and driving fresh call buying.
As of June 15, traders held a put-call volume ratio of 0.23 and an open interest ratio of 0.35 on BitMine options, signaling a strong tilt toward calls even though shares have dropped about 45% this year.
BitMine's implied volatility stands in the 4th percentile of its past year, placing call premiums near one-year lows and prompting fresh call buying since early June.
By contrast, MicroStrategy's open interest ratio hovers around 0.94 and implied volatility at the 65th percentile, making its options more expensive and reinforcing the market's preference for BitMine calls.