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 "Fast Money Halftime Report," Jon Najarian said options traders bought about 5,500 contracts of the June $50 calls in PagSeguro Digital Ltd (NYSE:PAGS). He jumped in the trade and he is planning to hold the position for three weeks.
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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Najarian also noticed some activity in Gogo Inc (NASDAQ:GOGO), a provider of in-flight broadband internet service. As we get back to flying again, there will be more demand for its services, he explained.
Around 10,900 contracts of the June $15 calls were traded in Gogo, when the stock was trading just over $13. Najarian decided to follow the trade and he is probably going to be in these calls for three weeks.