If you haven`t bought BTBT before the previous earnings:
Now analyzing the options chain and the chart patterns of BTBT Bit Digital prior to the earnings report this week, I would consider purchasing the 3.50usd strike price Calls with an expiration date of 2024-9-20, for a premium of approximately $0.27. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
BTBT traded at $3.87 on friday, after earnings, and the Calls went up from $0.27 (when I wrote this article) to $0.65 at the close of the day, for a decent 2.4X gain!
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