Financial giants have made a conspicuous bullish move on Rumble. Our analysis of options history for Rumble RUM revealed 19 unusual trades.
Delving into the details, we found 52% of traders were bullish, while 15% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $55,000, and 17 were calls, valued at $986,487.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $2.0 and $20.0 for Rumble, 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 Rumble'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 Rumble's whale activity within a strike price range from $2.0 to $20.0 in the last 30 days.
Rumble Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RUM | CALL | SWEEP | BULLISH | 01/17/25 | $1.45 | $1.4 | $1.45 | $10.00 | $287.2K | 14.2K | 2.0K |
| RUM | CALL | TRADE | NEUTRAL | 01/16/26 | $10.9 | $7.0 | $9.27 | $4.00 | $92.7K | 203 | 102 |
| RUM | CALL | SWEEP | BULLISH | 01/17/25 | $4.8 | $4.7 | $4.8 | $6.00 | $92.1K | 2.2K | 146 |
| RUM | CALL | SWEEP | BULLISH | 01/17/25 | $1.1 | $0.6 | $1.1 | $20.00 | $55.0K | 7.2K | 1.2K |
| RUM | CALL | TRADE | BULLISH | 11/21/25 | $5.6 | $2.9 | $4.79 | $10.00 | $47.9K | 3.2K | 102 |
About Rumble
Rumble Inc is a free-to-use video-sharing platform where users can watch, share, like, comment, and upload their own videos. Users can subscribe to channels to stay in touch with recent creator content and access video-on-demand uploaded, and live content streamed, by creators. Geographically, it generates a majority of its revenue from the United States.
Having examined the options trading patterns of Rumble, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Rumble Standing Right Now?
- Currently trading with a volume of 15,643,881, the RUM's price is up by 65.58%, now at $11.9.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 93 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 Rumble with Benzinga Pro for real-time alerts.
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