This Is What Whales Are Betting On Trump Media & Technology


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Financial giants have made a conspicuous bullish move on Trump Media & Technology. Our analysis of options history for Trump Media & Technology (NASDAQ:DJT) revealed 12 unusual trades.

Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $365,350, and 6 were calls, valued at $502,990.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $10.0 and $80.0 for Trump Media & Technology, spanning the last three months.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Trump Media & Technology options trades today is 789.9 with a total volume of 1,595.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Trump Media & Technology's big money trades within a strike price range of $10.0 to $80.0 over the last 30 days.

Trump Media & Technology 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

SymbolPUT/CALLTrade TypeSentimentExp. DateAskBidPriceStrike PriceTotal Trade PriceOpen InterestVolume
DJTCALLTRADEBULLISH04/12/24$24.0$22.6$24.0$10.00$220.8K0100
DJTPUTTRADEBULLISH05/03/24$15.9$15.3$15.3$45.00$134.6K1372
DJTCALLTRADEBULLISH05/17/24$17.7$17.45$17.7$15.00$106.2K0300
DJTCALLTRADEBULLISH05/17/24$4.75$3.95$4.5$35.00$90.0K2.4K3
DJTPUTTRADEBEARISH05/17/24$22.2$21.65$22.2$50.00$66.6K1.3K1

About Trump Media & Technology

Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest global conversation without discriminating against political ideology.

Having examined the options trading patterns of Trump Media & Technology, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of Trump Media & Technology

  • With a volume of 875,986, the price of DJT is up 0.99% at $34.6.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 22 days.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Trump Media & Technology options trades with real-time alerts from Benzinga Pro.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: OptionsMarketsBZI-UOA