Applied Digital Unusual Options Activity For January 15

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Investors with a lot of money to spend have taken a bullish stance on Applied Digital APLD.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with APLD, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 13 uncommon options trades for Applied Digital.

This isn't normal.

The overall sentiment of these big-money traders is split between 61% bullish and 30%, bearish.

Out of all of the special options we uncovered, 3 are puts, for a total amount of $219,258, and 10 are calls, for a total amount of $616,316.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $3.0 to $13.0 for Applied Digital over the last 3 months.

Volume & Open Interest Trends

In today's trading context, the average open interest for options of Applied Digital stands at 2237.27, with a total volume reaching 12,788.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Applied Digital, situated within the strike price corridor from $3.0 to $13.0, throughout the last 30 days.

Applied Digital 30-Day Option Volume & Interest Snapshot

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
APLD CALL TRADE BEARISH 01/16/26 $4.8 $4.45 $4.5 $5.00 $220.5K 2.9K 508
APLD PUT SWEEP BEARISH 01/16/26 $1.11 $0.9 $1.1 $5.00 $163.9K 2.3K 1.5K
APLD CALL TRADE BEARISH 02/21/25 $1.45 $1.23 $1.3 $8.00 $65.0K 3.2K 705
APLD CALL TRADE BULLISH 04/17/25 $5.4 $5.15 $5.35 $3.00 $57.7K 173 108
APLD CALL SWEEP BULLISH 01/31/25 $0.61 $0.59 $0.6 $9.00 $54.3K 632 1.7K

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.

In light of the recent options history for Applied Digital, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Present Market Standing of Applied Digital

  • Currently trading with a volume of 23,864,789, the APLD's price is down by -4.46%, now at $8.16.
  • RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
  • Anticipated earnings release is in 85 days.

Professional Analyst Ratings for Applied Digital

In the last month, 3 experts released ratings on this stock with an average target price of $12.333333333333334.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Cantor Fitzgerald persists with their Overweight rating on Applied Digital, maintaining a target price of $14. * In a cautious move, an analyst from Needham downgraded its rating to Buy, setting a price target of $11. * An analyst from HC Wainwright & Co. has decided to maintain their Buy rating on Applied Digital, which currently sits at a price target of $12.

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.

Market News and Data brought to you by Benzinga APIs
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