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 salesforce.com, inc. (NYSE:CRM) ahead of the earnings report, scheduled for Tuesday. The options volume in the name was two times the average daily options volume and the options market is implying a 4% move in either direction. The stock moved 4.6% on average over the four quarters.
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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See Also: Salesforce's Q3 Earnings Outlook
When the stock was trading around $160, shortly after noon on Monday, there was a buyer of 5,000 contracts of the December $150 puts. The trader paid $1.25 for the trade, which sets the breakeven at $148.85 or 7.29% below the current stock price.