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, Brian Stutland spoke about unusually high bullish options activity in Health Care SPDR (ETF) (NYSE: XLV) on Monday. He noticed that the call options volume was 11 times higher than the put options volume and he is wondering if this could be the beginning of the upside momentum for the sector.
There was a big trade on Monday in Health Care SPDR (ETF). A trader bought 40,000 contracts of the October 75 calls for $0.59. The trade breaks even at $75.59 or 3.22 percent higher from the current stock price. Stutland added that this trader believes all the negative news are priced in the ETF and that it's going to trade above $75.59 by the October expiration.
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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