null Option on Bit Digital

BTBT Stock  USD 3.84  0.17  4.24%   
Bit Digital's latest option contracts expiring on September 19th 2025 are carrying combined implied volatility of 1.41 with a put-to-call open interest ratio of 0.33 over 20 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on September 19th 2025. The total put volume is at 185, with calls trading at the volume of 1.1 K. This yields a 0.17 put-to-call volume ratio.

Open Interest Against September 19th 2025 Option Contracts

Bit Digital option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Bit Digital's lending market. For example, when Bit Digital's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Bit Digital, he or she must hedge the risk by shorting Bit Digital stock over its option's life.
The chart above shows Bit Digital's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Bit Digital's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Bit Digital's option, there is no secondary market available for investors to trade.

Bit Digital Maximum Pain Price Across 2025-09-19 Option Contracts

Max pain occurs when Bit Digital's market makers reach a net positive position across all Bit Digital's options at a strike price where option holders stand to lose the most money. By contrast, Bit Digital's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Bit Digital

Analyzing Bit Digital's in-the-money options over time can help investors to take a profitable long position in Bit Digital regardless of its overall volatility. This is especially true when Bit Digital's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Bit Digital's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Bit Digital's stock while costing only a fraction of its price.

Bit Digital In The Money Call Balance

When Bit Digital's strike price is surpassing the current stock price, the option contract against Bit Digital stock is said to be in the money. When it comes to buying Bit Digital's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Bit Digital are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Bit Current Options Market Mood

Bit Digital's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Bit Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most Bit Digital's options investors are not very successful. Bit Digital's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Bit contract

Base on the Rule 16, the options market is currently suggesting that Bit Digital will have an average daily up or down price movement of about 0.0881% per day over the life of the 2025-09-19 option contract. With Bit Digital trading at USD 3.84, that is roughly USD 0.003384. If you think that the market is fully incorporating Bit Digital's daily price movement you should consider buying Bit Digital options at the current volatility level of 1.41%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Bit Digital options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Bit calls. Remember, the seller must deliver Bit Digital stock to the call owner when a call is exercised.

Bit Digital Option Chain

When Bit Digital's strike price is surpassing the current stock price, the option contract against Bit Digital stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Bit Digital's option chain is a display of a range of information that helps investors for ways to trade options on Bit. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Bit. It also shows strike prices and maturity days for a Bit Digital against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
BTBT250919C0000600006.00.35 - 0.40.38Out
Call
BTBT250919C00005500105.50.35 - 0.450.44Out
Call
BTBT250919C0000500075.00.4 - 0.550.5Out
Call
BTBT250919C00004500154.50.6 - 0.650.65Out
Call
BTBT250919C00004000964.00.75 - 0.80.78Out
Call
BTBT250919C00003500253.50.9 - 1.00.95In
Call
BTBT250919C0000300003.01.2 - 1.31.24In
Call
BTBT250919C0000250012.51.5 - 1.81.62In
Call
BTBT250919C0000200002.01.9 - 2.02.0In
Call
BTBT250919C0000150011.52.25 - 2.62.5In
 Put
BTBT250919P0000150001.50.0 - 0.550.55Out
 Put
BTBT250919P0000200002.00.0 - 0.10.1Out
 Put
BTBT250919P0000250002.50.0 - 0.250.25Out
 Put
BTBT250919P0000300013.00.3 - 0.350.34Out
 Put
BTBT250919P0000350003.50.55 - 0.60.55Out
 Put
BTBT250919P0000400004.00.8 - 0.90.82In
 Put
BTBT250919P00004500504.51.2 - 1.251.19In
 Put
BTBT250919P0000500005.01.55 - 1.651.56In
 Put
BTBT250919P0000550005.51.95 - 2.051.95In
 Put
BTBT250919P0000600006.02.4 - 2.52.4In

Bit Digital Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Bit Digital Market Cap Over Time

   Market Cap   
       Timeline  

Bit Total Stockholder Equity

Total Stockholder Equity

486.65 Million

At this time, Bit Digital's Total Stockholder Equity is comparatively stable compared to the past year.

Bit Digital Corporate Management

Additional Tools for Bit Stock Analysis

When running Bit Digital's price analysis, check to measure Bit Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bit Digital is operating at the current time. Most of Bit Digital's value examination focuses on studying past and present price action to predict the probability of Bit Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bit Digital's price. Additionally, you may evaluate how the addition of Bit Digital to your portfolios can decrease your overall portfolio volatility.