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 "Trading Nation," Todd Gordon suggested that traders should consider a bullish options trade in Tesla Inc (NASDAQ:TSLA).
He wants to buy the November $450/$500 call spread for about $16. The trade breaks even at $466 or around 9% above the closing price on Thursday and its maximal profit is $34. Gordon wants to limit his losses so he would place a stop loss at 50% of the paid premium.
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Tesla trades around $434 per share at the time of publication.
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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.