This Is What Whales Are Betting On Trump Media & Technology

Comments
Loading...

Deep-pocketed investors have adopted a bearish approach towards Trump Media & Technology DJT, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DJT usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 23 extraordinary options activities for Trump Media & Technology. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 30% leaning bullish and 43% bearish. Among these notable options, 3 are puts, totaling $94,733, and 20 are calls, amounting to $1,012,717.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $25.0 to $110.0 for Trump Media & Technology over the recent three months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Trump Media & Technology's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Trump Media & Technology's significant trades, within a strike price range of $25.0 to $110.0, over the past month.

Trump Media & Technology Call and Put Volume: 30-Day Overview

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
DJT CALL TRADE BULLISH 01/24/25 $3.8 $3.7 $3.8 $40.00 $229.9K 6.3K 1.3K
DJT CALL SWEEP BULLISH 01/17/25 $3.0 $2.8 $3.0 $40.00 $74.9K 10.2K 2.8K
DJT CALL SWEEP BEARISH 01/24/25 $3.55 $3.4 $3.4 $42.00 $68.0K 3.5K 1.3K
DJT CALL TRADE BEARISH 01/17/25 $5.45 $5.35 $5.35 $37.00 $66.8K 2.9K 961
DJT CALL SWEEP BULLISH 02/21/25 $5.9 $5.7 $5.9 $43.00 $58.8K 219 110

About Trump Media & Technology

Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest global conversation without discriminating against political ideology.

After a thorough review of the options trading surrounding Trump Media & Technology, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Current Position of Trump Media & Technology

  • With a trading volume of 13,629,022, the price of DJT is up by 3.57%, reaching $42.46.
  • Current RSI values indicate that the stock is may be approaching overbought.
  • Next earnings report is scheduled for 17 days from now.

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.

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 Trump Media & Technology, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!