Pre-earnings options volume in Bit Digital is normal with calls leading puts 7:1. Implied volatility suggests the market is anticipating a move near 10.3%, or 24c, after results are released. Median move over the past eight quarters is 4.3%.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BTBT:
- BTBT Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Here’s What You Missed in Crypto This Week
- Largest borrow rate increases among liquid names
- Bit Digital, Inc. Announces Monthly Production Update for April 2024
- Bit Digital reports April production 119.3BTC, 12.5% down from previous month