Unpacking the Latest Options Trading Trends in Cleanspark

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Investors with a lot of money to spend have taken a bearish stance on Cleanspark CLSK.

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 CLSK, 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 16 uncommon options trades for Cleanspark.

This isn't normal.

The overall sentiment of these big-money traders is split between 25% bullish and 62%, bearish.

Out of all of the special options we uncovered, 3 are puts, for a total amount of $88,298, and 13 are calls, for a total amount of $623,349.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $5.0 and $37.0 for Cleanspark, spanning the last three months.

Volume & Open Interest Development

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 Cleanspark'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 Cleanspark's whale activity within a strike price range from $5.0 to $37.0 in the last 30 days.

Cleanspark Call and Put Volume: 30-Day Overview

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
CLSK CALL TRADE BEARISH 02/28/25 $2.07 $1.85 $1.89 $9.00 $70.4K 1.3K 675
CLSK CALL TRADE BEARISH 02/28/25 $1.89 $1.85 $1.85 $9.00 $69.3K 1.3K 675
CLSK CALL SWEEP BEARISH 02/28/25 $1.9 $1.89 $1.89 $9.00 $56.7K 1.3K 300
CLSK CALL TRADE BEARISH 03/21/25 $2.85 $2.82 $2.82 $8.00 $53.0K 1.8K 188
CLSK CALL TRADE BEARISH 03/21/25 $2.8 $2.76 $2.76 $8.00 $51.8K 1.8K 376

About Cleanspark

Cleanspark Inc is a bitcoin mining company. Through CleanSpark, Inc., and the Company's wholly owned subsidiaries, the company mines bitcoin. The company entered the bitcoin mining industry through its acquisition of ATL. Bitcoin mining is the sole reportable segment of the company.

Current Position of Cleanspark

  • Trading volume stands at 3,642,496, with CLSK's price up by 1.79%, positioned at $10.23.
  • RSI indicators show the stock to be may be approaching overbought.
  • Earnings announcement expected in 12 days.

Expert Opinions on Cleanspark

In the last month, 1 experts released ratings on this stock with an average target price of $27.0.

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. * In a cautious move, an analyst from HC Wainwright & Co. downgraded its rating to Buy, setting a price target of $27.

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 Cleanspark, 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

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