Cipher Mining (CIFR) spreader of 5K contracts August 25 and 10K contracts of August 30 calls

Cipher Mining (NASDAQ: CIFR) 30-day call option implied volatility is 116; compared to its 52-week range of 86 to 172. Call put ratio 4.1 calls to 1 put with a focus on a spreader of 5K contracts August 25 and 10K contracts of August 30 calls.

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