Financial giants have made a conspicuous bullish move on Cleanspark. Our analysis of options history for Cleanspark CLSK revealed 8 unusual trades.
Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $158,465, and 4 were calls, valued at $122,180.
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 $5.0 to $15.0 for Cleanspark during the past quarter.
Volume & Open Interest Development
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 Cleanspark'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 Cleanspark's whale activity within a strike price range from $5.0 to $15.0 in the last 30 days.
Cleanspark 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| CLSK | PUT | TRADE | BEARISH | 02/16/24 | $12.50 | $66.2K | 628 | 270 |
| CLSK | CALL | TRADE | BULLISH | 01/17/25 | $15.00 | $39.6K | 17.3K | 211 |
| CLSK | PUT | SWEEP | BEARISH | 03/15/24 | $9.00 | $33.5K | 955 | 153 |
| CLSK | PUT | TRADE | BULLISH | 01/17/25 | $7.50 | $32.1K | 7.1K | 229 |
| CLSK | CALL | TRADE | BULLISH | 01/17/25 | $10.00 | $29.5K | 21.0K | 173 |
About Cleanspark
Cleanspark Inc is a bitcoin mining company. Through CleanSpark, Inc., and the Company's wholly owned subsidiaries, the company mines bitcoin. The company entered the bitcoin mining industry through its acquisition of ATL. Bitcoin mining is the sole reportable segment of the company.
In light of the recent options history for Cleanspark, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Cleanspark's Current Market Status
- Trading volume stands at 10,421,560, with CLSK's price up by 0.68%, positioned at $7.41.
- RSI indicators show the stock to be may be oversold.
- Earnings announcement expected in 21 days.
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 Cleanspark, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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