Whales with a lot of money to spend have taken a noticeably bullish stance on Bitdeer Technologies.
Looking at options history for Bitdeer Technologies BTDR we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 62% of the investors opened trades with bullish expectations and 25% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $112,000 and 6, calls, for a total amount of $567,404.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $5.0 and $10.0 for Bitdeer Technologies, spanning the last three months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Bitdeer Technologies options trades today is 6177.5 with a total volume of 10,120.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Bitdeer Technologies's big money trades within a strike price range of $5.0 to $10.0 over the last 30 days.
Bitdeer Technologies Call and Put Volume: 30-Day Overview
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 | BEARISH | 03/21/25 | $3.8 | $3.5 | $3.5 | $5.00 | $285.9K | 4.5K | 819 |
| BTDR | CALL | SWEEP | NEUTRAL | 03/21/25 | $2.45 | $2.25 | $2.27 | $7.50 | $107.1K | 9.5K | 740 |
| BTDR | PUT | SWEEP | BULLISH | 10/18/24 | $0.4 | $0.35 | $0.35 | $7.50 | $81.8K | 3.4K | 2.3K |
| BTDR | CALL | SWEEP | BEARISH | 01/16/26 | $3.0 | $2.3 | $2.35 | $10.00 | $54.6K | 7.2K | 839 |
| BTDR | CALL | TRADE | BULLISH | 03/21/25 | $2.35 | $2.05 | $2.27 | $7.50 | $45.4K | 9.5K | 1.0K |
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.
Following our analysis of the options activities associated with Bitdeer Technologies, we pivot to a closer look at the company's own performance.
Present Market Standing of Bitdeer Technologies
- Currently trading with a volume of 830,932, the BTDR's price is up by 4.06%, now at $8.32.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 45 days.
What The Experts Say On Bitdeer Technologies
A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $13.5.
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If you want to stay updated on the latest options trades for Bitdeer Technologies, Benzinga Pro gives you real-time options trades alerts.
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