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 "Options Action", Dan Nathan spoke about an unusually high options activity in Intel Corporation (NASDAQ:INTC). He said that put volume was 1.5 times that of calls, but a purchase of calls caught his attention during the trading session.
Around 4,000 contracts of the April 50 calls were traded for $1.90. The trade breaks even at $51.90 or 6.26 percent higher. There are going to be two earnings reports until the April expiration so the $50 strike is not very far from the current stock price, said Nathan.
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.
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