If you haven`t bought puts here:
Then you should know that last week, Silvergate's stock plunged by up to 45% following the company's announcement that it would delay filing its annual report due to ongoing investigations by various regulatory bodies, including the U.S. Department of Justice.
This led major players in the crypto industry, including Coinbase...
Looking at the SI Silvergate Capital Corporation options chain ahead of earnings , I would buy the $12 strike price Puts with
2023-1-20 expiration date for about
$1.05 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
September 30, 2020
Bitcoin Group SE publishes semi-annual report 2020 - dynamic growth despite challenging environment
Sales revenues increase sharply by more than 153% to EUR 6,228 thousand
EBITDA more than tripled to EUR 4,177 thousand (previous year: EUR 1,231 thousand)
Management confirms all forecasts
Herford, September 30, 2020 -
Bitcoin Group SE (ISIN...
