Daily Options Seller Strategy | Dual Engine of Bitcoin Mining + AI Cloud! BTDR Surged Over 18% in the Previous Session—How to Capture the Revaluation Opportunity in Mining Stocks?

I. Market Barometer

All three major U.S. equity indices rose in the previous session, led by Bitcoin miner and emerging AI infrastructure player $Bitdeer Technologies Group (BTDR.US)$ which surged 18.28%, leading the crypto mining sector and offering options sellers an excellent high-premium window.

II. Focus on Hot Targets

$Bitdeer Technologies Group (BTDR.US)$"AI Cloud + In-house Mining Rigs" Dual-engine Strategy Driving Valuation Re-rating

$Bitdeer Technologies Group (BTDR.US)$ The stock rose 18.28% in the previous trading session, closing at $18.38. It hit an intraday high of $18.46, with cumulative gains in May approaching 63%.

The stock is in a steep primary uptrend, having recently crossed above its 200-day moving average, confirming a medium- to long-term price reversal. The bullish alignment remains intact, with near-term resistance at $19; a breakout could target the psychological $20 level. Support lies at $15 (near the 5-day moving average) and the $13–$14 range. On volatility, implied volatility (IV) has surged to 120.04%, with IV percentile reaching a historically elevated 88%.

The company reported Q1 fiscal year 2026 revenue that beat expectations, with Q1 revenue reaching $188.9 million versus the consensus estimate of $182.7 million. Concurrently, the company officially launched its latest-generation in-house SEALMINER A4 mining rig, widely viewed by the market as a key milestone for enhancing long-term competitiveness. Of greater interest is progress in its AI cloud segment: annualized run-rate revenue from AI Cloud operations has surpassed $69 million, and the Tydal facility in Norway is being developed into the country’s largest operational AI data center.

Following the earnings release, multiple institutions raised their price targets while maintaining Buy ratings. Nik Giles lifted the target price from $22 to $23, and Kevin Cassidy raised his target to $25. However, some firms maintained Hold ratings, citing that the Norwegian AI project has not yet secured final contracts and execution risk remains a concern. The current analyst consensus rating is 'Strong Buy,' with an average price target of approximately $21.56.

III. Seller Options Strategy

1. Cash Secured Put

Sell 1 contract of $Bitdeer Technologies Group (BTDR.US)$ June 18, 2026 $12.5 Put; estimated required margin (for reference only): $1,250 ($12.5 × 100)

Opportunity filtering logic:

For investors who do not yet hold a position but wish to participate in the dual growth thesis of 'Bitcoin mining + AI Cloud,' BTDR’s stock is currently trading near its year-to-date high, with May gains already exceeding 60%. Jumping in at current levels carries technical pullback risk.

However, the company’s fundamentals are undergoing a qualitative shift: AI Cloud annualized revenue has exceeded $69 million, and recent moves by multiple crypto miners to pivot toward AI Cloud operations are driving a re-rating of the stock. By selling puts, investors can collect substantial option premiums—enhancing annualized returns on idle capital—should the stock consolidate at current highs or continue rising (given IV exceeds 120%, premiums are significantly inflated). If the share price pulls back to around the $12.50 strike due to short-term profit-taking, investors would still secure exposure to this crypto miner at a more attractive entry point.

IV. Risk Control Reminder

Although the seller strategy has a high probability of success, investors must still manage risks effectively:

– Position management is key:The biggest risk for option sellers lies in black swan events. It is recommended that margin exposure for a single underlying should not exceed 20% of total capital. Never sell options beyond your capacity for the sake of greedy premiums.

– Timely rolling of covered call options: When a covered call option becomes deeply in-the-money (stock price far exceeds the strike price), and if the underlying stock is still viewed favorably, decisively 'roll' the position — that is, close the current option by buying it back and simultaneously sell an option with a later expiration date and a higher strike price to avoid having the stock called away at a low price.

– Cash-secured put options warn of 'left-tail risk':For cash-secured puts, if the stock price collapses due to deteriorating fundamentals (rather than a normal pullback), do not hold on stubbornly. At this time, stop losses should be executed, or 'rolling down' can be employed to buy time and wait for volatility to normalize.

Make good use of the options seller zone to understand the income strategies for selling optionsEarn option premiums!

Options Risk Warning

An option is a contract that grants the holder the right, but not the obligation, to buy or sell an asset at a fixed price on a specific date or at any time before that date. The price of an option is influenced by various factors, including the current price of the underlying asset, the strike price, time to expiration, and implied volatility. Implied volatility reflects the market’s expectations for the level of volatility in the option over a future period. It is a data point derived inversely from the Black-Scholes option pricing model and is generally regarded as an indicator of market sentiment. When investors anticipate greater volatility, they may be more willing to pay a higher price for options to hedge risks, resulting in higher implied volatility. Traders and investors use implied volatility to assess the attractiveness of option prices, identify potential mispricings, and manage risk exposure.

Disclaimer

This content does not constitute any offer, solicitation, recommendation, opinion, or guarantee for any securities, financial products, or tools. The risk of loss in trading options can be substantial. In some cases, losses incurred may exceed the initial margin deposited. Even if you set contingency orders, such as 'stop-loss' or 'limit' orders, these may not necessarily prevent losses. Market conditions may make such orders unexecutable. You may be required to deposit additional margin within a short period. If you fail to provide the required amount within the specified time, your open positions may be liquidated. However, you will still be responsible for any shortfall in your account resulting from such liquidation. Therefore, before trading, you should study and understand options and carefully consider whether such trading suits you based on your financial situation and investment objectives. If you trade options, you should be familiar with the procedures for exercising options and the rights and obligations upon expiration. Options trading involves extremely high risks and is not suitable for all investors. Investors should read Characteristics and Risks of Standardized Options carefully before engaging in any options trading strategy.

Editor/Doris

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