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.
On CNBC's "Fast Money Halftime Report", Jon Najarian spoke about high call options activity in Discovery Communications Inc. (NASDAQ:DISCA). The stock traded sharply lower Thursday and options traders were buying upside calls. Around 5,000 contracts of the April 20 calls were traded in the first half of the session and Najarian jumped in the trade. He is planning to hold the position for a month.
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Pete Najarian said that traders were buying the November 41 calls in JD.Com Inc(ADR) (NASDAQ:JD). Almost 7,000 contracts were traded and they paid $0.68 for them. The trade breaks even at $41.68 or more than 9 percent above the current market price. Pete Najarian followed the trade as he expects to see a rebound in the name after the recent pull back.
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.