Dan Nathan Sees Unusual Options Activity In Toll Brothers


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 unusually high options activity in Toll Brothers Inc (NYSE:TOL) on Monday. He said total options volume was 15 times the average daily options volume and most of that volume was in calls.

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!

When the stock was trading at $39, there were buyers of 8,000 contracts of the Oct. $41 calls for 43 cents, said Nathan. The trade breaks even at $41.43 or around 2.75% above the current stock price.


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.


Posted In: OptionsMarketsMediaCNBCDan NathanOptions Action