Riot Platforms's Options Frenzy: What You Need to Know

Whales with a lot of money to spend have taken a noticeably bearish stance on Riot Platforms.

Looking at options history for Riot Platforms RIOT we detected 21 trades.

If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 42% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $96,145 and 18, calls, for a total amount of $1,300,893.

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 $8.0 and $20.0 for Riot Platforms, spanning the last three months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Riot Platforms options trades today is 19933.44 with a total volume of 90,039.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Riot Platforms's big money trades within a strike price range of $8.0 to $20.0 over the last 30 days.

Riot Platforms 30-Day Option Volume & Interest Snapshot

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
RIOT CALL SWEEP BULLISH 03/21/25 $1.45 $1.43 $1.44 $14.00 $247.1K 32.9K 43.7K
RIOT CALL SWEEP BULLISH 03/21/25 $1.45 $1.37 $1.37 $14.00 $201.2K 32.9K 2.4K
RIOT CALL SWEEP BULLISH 03/21/25 $1.42 $1.37 $1.42 $14.00 $142.1K 32.9K 3.1K
RIOT CALL TRADE NEUTRAL 01/16/26 $3.35 $3.25 $3.3 $17.00 $133.6K 6.5K 494
RIOT CALL TRADE BEARISH 01/16/26 $4.3 $4.25 $4.25 $12.00 $80.7K 7.2K 884

About Riot Platforms

Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. The company's segments include Bitcoin Mining; Data Center Hosting and Engineering. It generates maximum revenue from the Bitcoin Mining segment which generates revenue from the Bitcoin the company earns through its mining activities.

Having examined the options trading patterns of Riot Platforms, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Where Is Riot Platforms Standing Right Now?

  • With a trading volume of 16,240,684, the price of RIOT is down by -5.5%, reaching $11.34.
  • Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
  • Next earnings report is scheduled for 38 days from now.

What Analysts Are Saying About Riot Platforms

In the last month, 1 experts released ratings on this stock with an average target price of $23.0.

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. * An analyst from Piper Sandler has revised its rating downward to Overweight, adjusting the price target to $23.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Riot Platforms, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
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