Financial giants have made a conspicuous bearish move on Trump Media & Technology. Our analysis of options history for Trump Media & Technology DJT revealed 10 unusual trades.
Delving into the details, we found 20% of traders were bullish, while 60% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $354,325, and 4 were calls, valued at $127,493.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $7.5 to $60.0 for Trump Media & Technology over the recent three months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Trump Media & Technology options trades today is 2079.89 with a total volume of 2,361.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Trump Media & Technology's big money trades within a strike price range of $7.5 to $60.0 over the last 30 days.
Trump Media & Technology 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DJT | PUT | TRADE | NEUTRAL | 01/17/25 | $19.5 | $15.8 | $17.95 | $30.00 | $179.5K | 1.8K | 0 |
| DJT | PUT | SWEEP | BULLISH | 09/20/24 | $6.55 | $6.4 | $6.45 | $22.00 | $51.2K | 300 | 82 |
| DJT | CALL | TRADE | BEARISH | 03/21/25 | $4.15 | $4.0 | $4.0 | $30.00 | $39.6K | 156 | 101 |
| DJT | CALL | SWEEP | BEARISH | 11/15/24 | $1.05 | $0.92 | $0.92 | $60.00 | $35.8K | 3.0K | 687 |
| DJT | PUT | TRADE | BEARISH | 09/20/24 | $4.8 | $4.75 | $4.8 | $20.00 | $33.6K | 8.8K | 109 |
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.
Where Is Trump Media & Technology Standing Right Now?
- Trading volume stands at 4,466,798, with DJT's price down by -4.03%, positioned at $16.01.
- RSI indicators show the stock to be may be oversold.
- Earnings announcement expected in 52 days.
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 Trump Media & Technology with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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