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 SPDR KBW Regional Banking (ETF) (NYSE:KRE).
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When the stock was trading at $56.11, shortly after the opening on Monday, there was a buyer of 14,000 contracts of the December 57 calls for $0.70. The trade breaks even at $57.70 or around 3 percent above the current market price. Nathan explained that the trader is playing for a break out on the upside, going into the year end.
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.