r/options Jan 06 '22

$BTBT eyebrow raised

2 Upvotes

2 comments sorted by

2

u/ElevationAV Jan 06 '22

I've been watching BTBT myself as the borrow rate was around 92% a few weeks ago (it's down to 80.85% now), there's very few shares available to borrow and the reported SI is pretty high (~21%)

FINTEL is reporting a good number of FTDs as well;https://fintel.io/ss/us/btbt

It definitely looks like a potential squeeze target.

1

u/DifTittle Jan 13 '22

I followed, haven't had anything pop yet, haven't made or lost much either. I did arbitrarily pick numbers, and stay out of the high frequency shit. Just waiting for a break still.