BTDR
BEAR
2026-05-19
Overnight Institutional Flow Signal
Score
2/10
Move
1.1%
Flow
$2.7M
AI Trade Thesis
BTDR BEAR $12P Jun 18 '26. Capitalize on the structural bearish shift following a double-miss in Q1 earnings and downward revisions to long-term growth targets. Entry near $13.15 provides exposure to a valuation reset as the market prices in a projected 43% annual earnings decline through 2028. Risk: A macro-driven Bitcoin rally could trigger a short squeeze given the 22.8% float currently shorted.
Flow Breakdown
Call Volume
$1.7M
Put Volume
$965K
Flow Intent
DIRECTIONAL
Catalyst
Earnings Miss
Recommended Setup
ContractO:BTDR260618P00012000
Contract Score20.991/10
Risk/Reward1.2:1
Delta-0.32
Key Levels
Resistance$15.11
Support$10.77
Price$13.15
SMA 50 / 200$11 / $13
52W Range$7 — $28
News & Catalyst Analysis
Key Headline
Bitdeer Technologies Group (NASDAQ:BTDR) Just Reported And Analysts Have Been Cutting Their Estimates
News Summary
BTDR is facing significant headwinds after missing Q1 2026 EPS and revenue estimates, prompting analysts to aggressively cut future earnings growth forecasts. Institutional bearish flow is targeting long-dated puts, signaling a lack of confidence in the company's 49x P/E valuation and its reliance on non-cash profit components.
Flow Intent Analysis
The $965k flow into long-dated June 2026 puts following a minor 1.1% move suggests a strategic fundamental bet on valuation normalization rather than a tactical hedge.
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.