Financial giants have made a conspicuous bullish move on Cleanspark. Our analysis of options history for Cleanspark CLSK revealed 16 unusual trades.
Delving into the details, we found 68% of traders were bullish, while 25% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $220,820, and 10 were calls, valued at $488,442.
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 $10.0 to $25.0 for Cleanspark during the past quarter.
Analyzing Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Cleanspark's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Cleanspark's substantial trades, within a strike price spectrum from $10.0 to $25.0 over the preceding 30 days.
Cleanspark Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CLSK | CALL | SWEEP | BULLISH | 07/05/24 | $0.6 | $0.6 | $0.6 | $16.00 | $96.1K | 331 | 1.9K |
| CLSK | PUT | TRADE | BULLISH | 07/19/24 | $9.2 | $9.0 | $9.08 | $25.00 | $90.8K | 36 | 0 |
| CLSK | CALL | TRADE | NEUTRAL | 01/17/25 | $8.4 | $8.1 | $8.25 | $10.00 | $82.5K | 19.8K | 14 |
| CLSK | CALL | TRADE | BULLISH | 01/16/26 | $8.3 | $8.0 | $8.2 | $20.00 | $57.4K | 5.0K | 33 |
| CLSK | CALL | SWEEP | BULLISH | 07/05/24 | $0.6 | $0.55 | $0.6 | $16.00 | $54.6K | 331 | 884 |
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.
Cleanspark's Current Market Status
- Trading volume stands at 21,843,074, with CLSK's price down by -0.4%, positioned at $15.99.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 40 days.
What Analysts Are Saying About Cleanspark
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $23.375.
- An analyst from HC Wainwright & Co. downgraded its action to Buy with a price target of $27.
- Consistent in their evaluation, an analyst from JP Morgan keeps a Neutral rating on Cleanspark with a target price of $12.
- In a cautious move, an analyst from HC Wainwright & Co. downgraded its rating to Buy, setting a price target of $27.
- In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Overweight, setting a price target of $27.
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 Cleanspark with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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