BTGO closed at $5.10 on Monday, up 4.9% on the day but still down 30% over the past month. Short interest has drifted higher by about 1.5% over the past week but remains well below mid-October levels when roughly 6.3 million shares were short. The borrow market is relaxed, with availability at 88%, cost to borrow at 0.92%, and no meaningful squeeze pressure in the lending pool. The put/call ratio of 0.48 is running below its 20-day average of 0.52 and sits close to the bottom of its 52-week range. At roughly one standard deviation below the mean, options positioning signals that investors are reaching for upside exposure rather than hedging against further falls.
Signal data sourced from Ortex. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
Not investment advice. This is original reporting and analysis prepared by The Forensic Ledger from publicly available data. Nothing here is a recommendation to buy, sell, or hold any security. Always consult the original source and a licensed professional. See our full disclaimer and source-citation policy.