Behind the Scenes of Trump Media & Technology's Latest Options Trends

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

Delving into the details, we found 25% of traders were bullish, while 75% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $381,027, and 6 were calls, valued at $203,218.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $15.0 to $90.0 for Trump Media & Technology during the past quarter.

Analyzing Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Trump Media & Technology's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Trump Media & Technology's whale activity within a strike price range from $15.0 to $90.0 in the last 30 days.

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

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
DJT PUT SWEEP BEARISH 04/26/24 $3.55 $3.2 $3.2 $30.00 $152.9K 2.0K 351
DJT PUT TRADE BEARISH 01/17/25 $7.25 $6.55 $7.0 $15.00 $70.0K 1.8K 0
DJT PUT SWEEP BULLISH 09/20/24 $71.8 $71.0 $71.0 $90.00 $63.9K 138 2
DJT CALL SWEEP BULLISH 04/26/24 $2.47 $2.46 $2.47 $39.00 $49.2K 511 270
DJT CALL TRADE BEARISH 04/19/24 $3.9 $3.85 $3.85 $32.50 $38.5K 1.3K 117

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.

After a thorough review of the options trading surrounding Trump Media & Technology, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Trump Media & Technology's Current Market Status

  • With a trading volume of 4,370,046, the price of DJT is up by 11.36%, reaching $36.96.
  • Current RSI values indicate that the stock is may be approaching overbought.
  • Next earnings report is scheduled for 14 days from now.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Trump Media & Technology, Benzinga Pro gives you real-time options trades alerts.

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DJTTrump Media & Technology Group Corp
$19.591.77%

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