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 spoke about unusually high bullish options activity in SPDR Gold Trust (ETF) (NYSE:GLD). He said that traders bought in the first half of the trading session around 20,000 contracts of the September 2018, 144 strike calls. Najarian decided to follow the trade.
Pete Najarian spotted a very aggressive call options buying in Vale SA (ADR) (NYSE:VALE). Around 5,100 contracts of the September 10.50 calls were traded in the first half of the session. They paid 25 cents for them, which sets the break even for the trade at $10.75 or 7.61 percent above the current stock price. Pete Najarian owns the calls and he is planning to hold them for 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.
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