Whales with a lot of money to spend have taken a noticeably bullish stance on Hut 8.
Looking at options history for Hut 8 (NASDAQ:HUT) we detected 14 trades.
If we consider the specifics of each trade, it is accurate to state that 78% of the investors opened trades with bullish expectations and 7% with bearish.
From the overall spotted trades, 8 are puts, for a total amount of $799,466 and 6, calls, for a total amount of $637,720.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $40.0 to $100.0 for Hut 8 during the past quarter.
Insights into Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Hut 8's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Hut 8's significant trades, within a strike price range of $40.0 to $100.0, over the past month.
Hut 8 Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HUT | PUT | TRADE | BULLISH | 02/20/26 | $5.2 | $4.85 | $4.85 | $57.00 | $509.2K | 12 | 1.0K |
| HUT | CALL | TRADE | BULLISH | 02/20/26 | $1.99 | $1.81 | $1.98 | $75.00 | $158.4K | 2.7K | 1.1K |
| HUT | CALL | TRADE | BULLISH | 02/20/26 | $1.9 | $1.69 | $1.9 | $75.00 | $148.0K | 2.7K | 1.9K |
| HUT | CALL | SWEEP | BULLISH | 06/16/28 | $27.25 | $26.45 | $26.5 | $90.00 | $132.5K | 1 | 1 |
| HUT | CALL | SWEEP | NEUTRAL | 09/17/27 | $21.0 | $20.0 | $21.0 | $100.00 | $105.0K | 71 | 50 |
About Hut 8
Hut 8 Corp is an energy infrastructure operator and Bitcoin miner with self-mining, hosting, managed services, and traditional data center operations across North America. The company has four reportable business segments: Power, Digital Infrastructure, Compute, and Other. It derives maximum revenue from the Compute segment which consists of Bitcoin Mining, GPU-as-a-Service, and Data Center Cloud operations. Its geographical segments include the United States and Canada, of which it generates the majority of revenue from the United States.
Having examined the options trading patterns of Hut 8, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Hut 8 Standing Right Now?
- With a trading volume of 2,383,705, the price of HUT is down by -0.79%, reaching $57.83.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 40 days from now.
Professional Analyst Ratings for Hut 8
A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $68.0.
- Reflecting concerns, an analyst from Needham lowers its rating to Buy with a new price target of $60.
- Consistent in their evaluation, an analyst from B. Riley Securities keeps a Buy rating on Hut 8 with a target price of $76.
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.
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