April 11, 2024 10:16 AM | 2 minute read |
Crypto whales are loading — are you there?
New research shows the biggest crypto buyers are coming back. And this time? It may be possible for Bitcoin to exceed $100,000 in 2024. You don't want to miss out on the next big crypto bull run like we saw in 2020 and 2021. To know exactly what's going on and what to buy… Visit Benzinga for the best cryptocurrency research and investing for just $1.
Financial giants are showing notable bullishness on Trump Media & Technology. An analysis of Trump Media & Technology (NASDAQ:DJT)'s options history reveals 12 unusual trades.
After digging into the details, we found that 50% of traders are bullish while 50% are bearish. Of all the trades we found, six were puts with a value of $365,350, and six were calls with a value of $502,990.
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Expected price changes
After evaluating the trading volume and open interest, it is clear that major market movers are focused on Trump Media & Technology's $10.0 to $80.0 price range over the past three months.
Analysis of trading volume and open interest
From a liquidity and interest rate perspective, the average open interest for Trump Media & Technology options trades today is $789.9 and total volume is $1,595.00.
The following graph allows you to track the volume and open interest of Trump Media & Technology's large call and put options within a strike price range of $10.0 to $80.0 over the past 30 days.
Trump Media & Technology 30-day options volume and interest rate snapshot
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Largest options trade observed:
| symbol | put/call | transaction type | emotions | Experience date | listen | bid | price | strike price | Total transaction price | Open interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DJT | phone | trade | strong | 04/12/24 | $24.0 | $22.6 | $24.0 | $10.00 | $220.8,000 | 0 | 100 |
| DJT | put | trade | strong | 05/03/24 | $15.9 | $15.3 | $15.3 | $45.00 | 134.6 thousand dollars | 137 | 2 |
| DJT | phone | trade | strong | 05/17/24 | $17.7 | $17.45 | $17.7 | $15.00 | 106.2,000 dollars | 0 | 300 |
| DJT | phone | trade | strong | 05/17/24 | $4.75 | $3.95 | $4.5 | $35.00 | $90,000 | 2.4K | 3 |
| DJT | put | trade | bearish | 05/17/24 | $22.2 | $21.65 | $22.2 | $50.00 | 66.6 thousand dollars | 1.3K | 1 |
About Trump Media & Technology
Trump Media & Technology Group Corp is a media and technology company with roots in social media, digital streaming, information technology infrastructure and more. The first product launch will focus on Truth Social, a social media platform that facilitates open, free and honest global conversation without discrimination against political ideology.
Now that we've looked at Trump Media & Technology's options trading patterns, it's time to look directly at the company. This change allows us to take a closer look at our current market position and performance.
Trump Media & Technology Current Market Position
- On volume of 875,986, DJT price is up 0.99% at $34.6.
- The RSI indicator suggests that the underlying stock is currently neutral between overbought and oversold.
- The next financial results are expected to be announced within the 22nd.
Options trading involves higher risk and potential reward. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and paying attention to market movements. Stay up to date on the latest Trump Media & Technology options trades with real-time alerts from Benzinga Pro.
Crypto whales are loading — are you there?
New research shows the biggest crypto buyers are coming back. And this time? It may be possible for Bitcoin to exceed $100,000 in 2024. You don't want to miss out on the next big crypto bull run like we saw in 2020 and 2021. To know exactly what's going on and what to buy… Visit Benzinga for the best cryptocurrency research and investing for just $1.
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