Whales with a lot of money to spend have taken a noticeably bearish stance on HIVE Digital Technologies.
Looking at options history for HIVE Digital Technologies HIVE we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 75% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $145,000 and 6, calls, for a total amount of $565,560.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $4.0 and $5.0 for HIVE Digital Technologies, spanning the last three months.
Volume & Open Interest Development
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in HIVE Digital Technologies's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to HIVE Digital Technologies's substantial trades, within a strike price spectrum from $4.0 to $5.0 over the preceding 30 days.
HIVE Digital Technologies 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| HIVE | CALL | SWEEP | BEARISH | 01/16/26 | $4.00 | $153.0K | 5.6K | 600 |
| HIVE | CALL | TRADE | BEARISH | 01/16/26 | $4.00 | $120.0K | 5.6K | 1.9K |
| HIVE | CALL | TRADE | BEARISH | 01/16/26 | $4.00 | $120.0K | 5.6K | 1.4K |
| HIVE | PUT | SWEEP | BULLISH | 01/19/24 | $5.00 | $75.0K | 6.1K | 1.0K |
| HIVE | CALL | TRADE | BEARISH | 01/16/26 | $4.00 | $72.0K | 5.6K | 900 |
About HIVE Digital Technologies
HIVE Digital Technologies Ltd formerly HIVE Blockchain Technologies Ltd is in the business of providing infrastructure solutions in the blockchain industry. It focuses on the mining and sale of digital currencies. Its geographical segments include Canada, Sweden, Iceland, Switzerland, and Bermuda, out of which the majority of the revenue comes from Bermuda.
Having examined the options trading patterns of HIVE Digital Technologies, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of HIVE Digital Technologies
- With a trading volume of 3,172,170, the price of HIVE is up by 6.58%, reaching $4.7.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 12 days from now.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for HIVE Digital Technologies with Benzinga Pro for real-time alerts.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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