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," Mike Khouw spoke about unusually high options activity in Tesla Inc (NASDAQ:TSLA). He saw some bullish activity in the name on Thursday as there were more calls than puts traded and call options volume was above its daily average.
At the beginning of the session, Khouw noticed a purchase of 11,000 contracts of the April $600 calls for $12. The trade breaks even at $612 or 6.8% above the closing price on Thursday. Khouw said the implied volatility is up considerably, but Tesla is one of the stocks that is up on the year even though it's well below its highs.
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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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