Whales with a lot of money to spend have taken a noticeably bullish stance on Cleanspark.
Looking at options history for Cleanspark CLSK we detected 13 trades.
If we consider the specifics of each trade, it is accurate to state that 76% of the investors opened trades with bullish expectations and 23% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $170,614 and 10, calls, for a total amount of $411,614.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $11.0 and $34.0 for Cleanspark, spanning the last three months.
Analyzing Volume & Open Interest
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 $11.0 to $34.0 in the last 30 days.
Cleanspark Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CLSK | PUT | TRADE | BULLISH | 01/03/25 | $4.0 | $3.5 | $3.7 | $15.00 | $86.9K | 394 | 235 |
| CLSK | CALL | TRADE | BULLISH | 03/21/25 | $3.55 | $3.45 | $3.55 | $20.00 | $62.1K | 14.8K | 325 |
| CLSK | CALL | TRADE | BULLISH | 07/18/25 | $5.6 | $5.3 | $5.5 | $17.00 | $47.3K | 9.3K | 102 |
| CLSK | CALL | TRADE | BULLISH | 07/18/25 | $6.05 | $5.95 | $6.05 | $15.00 | $45.9K | 8.4K | 114 |
| CLSK | PUT | TRADE | BULLISH | 01/15/27 | $9.65 | $8.35 | $8.76 | $15.00 | $43.8K | 221 | 50 |
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.
Where Is Cleanspark Standing Right Now?
- Currently trading with a volume of 24,784,498, the CLSK's price is up by 6.33%, now at $13.86.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 13 days.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
