Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Dan Nathan spoke on CNBC's "Options Action" about unusually high options activity in Apple Inc. (NASDAQ:AAPL) ahead of an important event. He said that the options market is implying a 3 percent move in either direction this week.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
See Also: Outlook For Apple's Main Event? AR, 3D And A Swankier Siri Tying It Tightly Together
Call options volume was two times put options volume on Monday as a lot of short dated calls were traded. Nathan added that one bullish trade caught his attention. Somebody was rolling up and out, explained Nathan. A trader sold to close 4,000 contracts of the September 160 calls and bought to open 4,000 contracts of the October 162.50 calls for $3.90. The trade breaks even at $166.40 or 3.03 percent above the closing price on Monday.