BMNR
BULL
2026-05-21
Overnight Institutional Flow Signal
Score
7/10
Move
3.6%
Flow
$7.8M
AI Trade Thesis
BMNR BULL $20.5C Jun 26 '26. This high-conviction trade aligns with the dominant bullish scan and sits within the top-concentrated 'Other' sector cluster, betting on a recovery toward the $37 analyst target. Entry near $19.39 capitalizes on the valuation gap between the stock price and its $13.4B ETH treasury. Risk: Volatility in underlying Ethereum prices and potential secondary share overhang.
Flow Breakdown
Call Volume
$2.9M
Put Volume
$4.9M
Flow Intent
DIRECTIONAL
Catalyst
Technical Breakout
Recommended Setup
ContractO:BMNR260626C00020500
Contract Score11.919/10
Risk/Reward1.7:1
Delta0.46
Key Levels
Resistance$21.24
Support$18.29
Price$19.39
SMA 50 / 200$21 / $34
52W Range$4 — $161
News & Catalyst Analysis
Key Headline
Bitmine Emerges As Ethereum Proxy With NYSE Uplisting And MAVAN Staking
News Summary
BMNR is rebounding from a month-long correction, driven by its status as a premier Ethereum proxy holding over 4.3% of the total ETH supply. Institutional flow is aggressively buying the dip, likely targeting the significant discount between the company's market cap and its $13.4 billion crypto treasury.
Flow Intent Analysis
Large-scale call buying following a 13.9% monthly pullback suggests high-conviction positioning for a valuation recovery rather than hedging existing gains.
One email a week. Catch up in five minutes.
The GammaRips weekly briefing — engine state, the latest deep-dive, and the picks on the public ledger. No firehose, no FOMO.