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Stock impact report

Rising Crypto Sentiment Could Make Cipher Mining (CIFR) a Strong Bullish Options Trade [Yahoo! Finance]

Cipher Mining Inc. (CIFR) 
Company Research Source: Yahoo! Finance
Granted, since hitting a closing high of $24.71 on Nov. 5, CIFR stock is still down a sizable 24%. Nevertheless, rising sentiment in the blockchain ecosystem bodes well for adjacent players. Sure enough, CIFR has been one of the strongest-performing assets recently, moving up nearly 16% in the past five sessions. If the options market has anything to say about it, Cipher Mining stock could be due for even more upside. ConocoPhillips Has a 3.42% Annual Yield, but Short-Put Investors Can Make 1.5% Monthly If Occidental Petroleum Hikes Its Dividend as Expected, OXY Stock Could Rally Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Specifically, options flow — which focuses exclusively on big block transactions likely placed by institutional investors — has witnessed a transition from bearish to bullish net transactions. Between the Jan. 8 and Jan. 9 sessions, net trade sentimen Show less Read more
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