Financial giants have made a conspicuous bullish move on Applied Digital. Our analysis of options history for Applied Digital APLD revealed 13 unusual trades.
Delving into the details, we found 53% of traders were bullish, while 0% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $145,940, and 10 were calls, valued at $500,205.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $3.0 to $12.0 for Applied Digital over the recent three months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Applied Digital options trades today is 2774.0 with a total volume of 4,046.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Applied Digital's big money trades within a strike price range of $3.0 to $12.0 over the last 30 days.
Applied Digital 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| APLD | CALL | TRADE | NEUTRAL | 01/17/25 | $3.4 | $3.0 | $3.18 | $5.00 | $96.6K | 3.3K | 600 |
| APLD | CALL | TRADE | NEUTRAL | 01/17/25 | $3.4 | $3.0 | $3.18 | $5.00 | $94.1K | 3.3K | 296 |
| APLD | PUT | TRADE | BULLISH | 01/16/26 | $2.4 | $2.3 | $2.3 | $7.00 | $74.9K | 194 | 326 |
| APLD | CALL | SWEEP | BULLISH | 01/17/25 | $0.65 | $0.6 | $0.65 | $10.00 | $56.3K | 17.4K | 1.0K |
| APLD | CALL | TRADE | NEUTRAL | 12/20/24 | $3.3 | $3.1 | $3.2 | $5.00 | $53.7K | 801 | 264 |
About Applied Digital
Applied Digital Corp is a designer, developer, and operator of next-generation digital infrastructure across North America. It provides digital infrastructure solutions and cloud services to industries like High-Performance Computing (HPC) and Artificial Intelligence (AI). The company operates in the following business segments; Data Center Hosting Business, Cloud Services Business, and HPC Hosting Business. The majority of its revenue is generated from the Data Center Hosting Business which operates data centers to provide energized space to crypto mining customers.
Current Position of Applied Digital
- Currently trading with a volume of 8,769,043, the APLD's price is up by 1.24%, now at $8.14.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 25 days.
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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 Applied Digital with Benzinga Pro for real-time alerts.
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