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.
Pete Najarian spoke on CNBC's "Fast Money Halftime Report" about a bullish options activity in Alcoa Corp (NYSE:AA). He said that traders bought 20,000 contracts of the July 36 calls in the first half of the trading session on Tuesday. They paid 35 cents for them, which sets the break even for the trade at $36.35 or almost 15 percent above the current stock price.
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Jon Najarian noticed that traders sold almost 5,000 contracts of the July 59 puts in T-Mobile US Inc (NASDAQ:TMUS) on Tuesday. The stock fell 3.39 percent, but traders are willing to own the stock if it drops to $59. Najarian followed the trade and he is planning to hold them two to 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.