Financial giants have made a conspicuous bullish move on Trump Media & Technology. Our analysis of options history for Trump Media & Technology DJT revealed 8 unusual trades.
Delving into the details, we found 62% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $192,360, and 4 were calls, valued at $154,705.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $12.0 to $20.0 for Trump Media & Technology over the last 3 months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Trump Media & Technology options trades today is 1053.83 with a total volume of 1,903.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Trump Media & Technology's big money trades within a strike price range of $12.0 to $20.0 over the last 30 days.
Trump Media & Technology 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DJT | PUT | SWEEP | BEARISH | 11/15/24 | $3.25 | $3.2 | $3.25 | $12.00 | $65.0K | 1.5K | 383 |
| DJT | CALL | TRADE | BULLISH | 12/20/24 | $6.25 | $6.1 | $6.25 | $15.00 | $62.5K | 1.1K | 267 |
| DJT | PUT | TRADE | BULLISH | 11/15/24 | $3.3 | $3.25 | $3.25 | $12.00 | $58.5K | 1.5K | 183 |
| DJT | PUT | TRADE | BEARISH | 10/04/24 | $4.6 | $4.45 | $4.55 | $20.00 | $36.4K | 826 | 204 |
| DJT | CALL | SWEEP | BULLISH | 10/04/24 | $2.0 | $1.86 | $2.0 | $14.00 | $36.0K | 1.2K | 185 |
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.
Following our analysis of the options activities associated with Trump Media & Technology, we pivot to a closer look at the company's own performance.
Present Market Standing of Trump Media & Technology
- With a volume of 5,033,860, the price of DJT is down -3.59% at $15.58.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 32 days.
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If you want to stay updated on the latest options trades for Trump Media & Technology, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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