Trade Ideas
UOA PRO New Trade Idea BMNR 8-6
10,200 18September 21 calls bought for 1.11-1.23 above open interest of 1,510 contracts; 10,200 21August 19 calls sold for 0.98-0.86 below open interest of 25,038 contracts. Stock 18.25-18.49.
New Trade Idea
Ticker: BMNR
Stock: 18.34
Trigger: 18.73
Targets/Resistance: 19.65, 20.67, 24.66
Expiration Date: 18SEP
UOA: 10,200 18September 21 calls bought for 1.11-1.23 above open interest of 1,510 contracts; 10,200 21August 19 calls sold for 0.98-0.86 below open interest of 25,038 contracts. Stock 18.25-18.49.
BMNR $18.47 Last.
Large call roll up and out to Sept. We liked it last time call buying hit and the charts still look good, it just needs to develop some real momentum to really cement the chart profile to bullish.
Trigger: $18.73, 100 SMA currently.
Strategy 1: Consider the BMNR 18Sept. 18.00 calls for $2.55 projected at trigger level today.
Targets: 19.65, 20.67, 24.66 (200 SMA currently)