$Cipher Mining Inc. Calendar 260918/261002 PUT 18.0/PUT 18.0$ 

Rolled puts expiring this Friday, forgot to cancel my order and it just got filled immediately at the open. Looks like some bullish news surrounding ERCOT is getting released? Nothing concrete yet for now but probably a case of someone knows something. Never a dull day with CIFR. 

Price is trying to find support currently at 20 day MA at 16.22.

CIFR Calendar
09-16 21:30
US18.0/18.0
SidePrice | FilledRealized P&L
Credit
Close
-0.50
10
--
Closed
Cipher Mining Inc. Calendar 260918/261002 PUT 18.0/PUT 18.0
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  • yeah the recent turn towards natural gas propels CIFR ahead of it's competitors, plus the hiring of former ERCOT senior executive is really kicking it up a notch here. Really impressed by the execution of CIFR.
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  • ERCOT chatter matters more than the 20 day here. If Texas wind output is wobbling, CIFR margins can move before the chart really shows it
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