Pre-earnings options volume in Bit Digital is normal with calls leading puts 19:6. Implied volatility suggests the market is anticipating a move near 6.7%, or 15c, after results are released. Median move over the past eight quarters is 3.4%.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BTBT:
- Here’s What You Missed in Crypto This Week
- 3 Best Crypto Stocks to Buy in April 2024, According to Analysts
- Bit Digital reports March Bitcoin production up 6% from February
- Bit Digital, Inc. Announces Monthly Production Update for March 2024
- Crypto names slide in pre-market as bitcoin falls to $65,000
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue