Deep-pocketed investors have adopted a bullish approach towards Bitdeer Technologies BTDR, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BTDR usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 35 extraordinary options activities for Bitdeer Technologies. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 45% leaning bullish and 40% bearish. Among these notable options, 12 are puts, totaling $955,711, and 23 are calls, amounting to $1,941,630.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $15.0 to $35.0 for Bitdeer Technologies over the last 3 months.
Volume & Open Interest Trends
In today's trading context, the average open interest for options of Bitdeer Technologies stands at 1824.67, with a total volume reaching 15,914.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Bitdeer Technologies, situated within the strike price corridor from $15.0 to $35.0, throughout the last 30 days.
Bitdeer Technologies Option Activity Analysis: Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BTDR | CALL | SWEEP | BULLISH | 03/21/25 | $7.0 | $5.8 | $5.9 | $20.00 | $325.1K | 7.1K | 735 |
| BTDR | CALL | SWEEP | BULLISH | 03/21/25 | $5.9 | $5.7 | $5.85 | $20.00 | $323.2K | 7.1K | 1.2K |
| BTDR | PUT | SWEEP | BEARISH | 01/31/25 | $6.8 | $5.6 | $5.6 | $24.00 | $189.8K | 0 | 339 |
| BTDR | CALL | SWEEP | BEARISH | 06/20/25 | $5.8 | $5.4 | $5.5 | $35.00 | $172.3K | 1.1K | 332 |
| BTDR | PUT | SWEEP | NEUTRAL | 06/20/25 | $10.4 | $10.3 | $10.35 | $25.00 | $141.7K | 4.1K | 512 |
About Bitdeer Technologies
Bitdeer Technologies Group is principally engaged in provision of digital asset mining services. Its majority business segments are: proprietary mining, cloud hash rate sharing and cloud hosting. The company operates five proprietary mining datacenters in the United States and Norway.
Having examined the options trading patterns of Bitdeer Technologies, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Bitdeer Technologies Standing Right Now?
- Currently trading with a volume of 14,227,885, the BTDR's price is up by 6.53%, now at $24.65.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 100 days.
Professional Analyst Ratings for Bitdeer Technologies
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $16.6.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Needham has revised its rating downward to Buy, adjusting the price target to $14. * Maintaining their stance, an analyst from Northland Capital Markets continues to hold a Outperform rating for Bitdeer Technologies, targeting a price of $14. * Reflecting concerns, an analyst from Benchmark lowers its rating to Buy with a new price target of $16. * An analyst from Rosenblatt has decided to maintain their Buy rating on Bitdeer Technologies, which currently sits at a price target of $22. * Consistent in their evaluation, an analyst from Rosenblatt keeps a Buy rating on Bitdeer Technologies with a target price of $17.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Bitdeer Technologies options trades with real-time alerts from Benzinga Pro.
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