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.
Dan Nathan spoke on CNBC's "Options Action" about Target Corporation (NYSE:TGT). He thinks the company is going to have a good year because it's going to be very active in acquisitions.
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It's trading at a big discount to the market and to Wal-Mart Stores Inc (NYSE:WMT), added Nathan. He explained that the stock is trading at its technical support and he expects to see a rally in the third quarter. Nathan wants to sell the July 60 call for $0.55 and buy the October 60 call for $1.55. The options structure would cost him $1. If the stock trades below $60 at the July expiration and then rallies above $61, Nathan is going to make money on this trade.
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.