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Hut 8’s Options Frenzy: What You Need to Know

Published by
Benzinga

High-rolling investors have positioned themselves bullish on Hut 8 (NASDAQ:HUT), and it’s important for retail traders to take note.This activity came to our attention today through Benzinga’s tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in HUT often signals that someone has privileged information. Today, Benzinga’s options scanner spotted 10 options trades for Hut 8. This is not a typical pattern. The sentiment among these major traders is split, with 80% bullish and 20% bearish. Among all the options we identified,…

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