Analyzing the options chain and the chart patterns of BTBT Bit Digital prior to the earnings report this week,
I would consider purchasing the 2.50usd strike price Calls with
an expiration date of 2024-4-19,
for a premium of approximately $0.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Some serious upside volume coming into Bit Digital Inc (NASDAQ:BTBT) over the last few days. Looks like it is getting ready for a big breakout soon. A high volume move through the 18.86 price level would be buyable. Stay tuned.
