Bit Digital Inc (BTBT)

[PennyStockTrader2]

Seems there is a lot of fear with this company, so much so that the Puts are selling at a premium. Hmm I am eyeing selling the 3.50 put out 2 - 3 weeks for a nice premium - with the premium we'd be looking at $300/contract margin required to do so, about 18% potential profit in that period, attractive. Unless theres something we dont know that will be a bad surprise, I mean its gone straight down but I cant imagine it continuing like that at that rate if at all, but if we get a Bitcoin drop it could continue to slide but we'd be covered down to around $3.1/share, pretty good odds.