Financial giants have shown a bullish interest in Trump Media & Technology, with 17 unusual trades identified in the options history. Analysis revealed that 47% of traders were bullish while 41% showed bearish tendencies. The trades included 7 puts valued at $836,390 and 10 calls valued at $601,794. Investors are aiming for a price territory between $10.0 and $100.0 for Trump Media & Technology over the recent three months.
Examining volume and open interest trends provides insights into liquidity and interest levels for the company’s options. In the last 30 days, several significant trades were identified, indicating bullish sentiment towards Trump Media & Technology.
Trump Media & Technology Group Corp is a media and technology company focusing on social media, digital streaming, and information technology. Their initial product, Truth Social, promotes open and honest global conversations without political bias.
The company is currently trading at $30.84 with a volume of 6,141,789 and a 0.29% increase. RSI readings suggest the stock may be approaching oversold territory, with an anticipated earnings release in 69 days.
Options trading for Trump Media & Technology offers potential for higher profits but involves greater risks. Traders can stay informed of the latest trades through Benzinga Pro for real-time alerts. Ongoing education, strategic adjustments, and market awareness are key for successful trading.
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