This Is What Whales Are Betting On Hut 8
Published by
Benzinga
Benzinga
Whales with a lot of money to spend have taken a noticeably bullish stance on Hut 8. Looking at options history for Hut 8 (NASDAQ:HUT) we detected 20 trades. If we consider the specifics of each trade, it is accurate to state that 65% of the investors opened trades with bullish expectations and 35% with bearish. From the overall spotted trades, 18 are puts, for a total amount of $735,750 and 2, calls, for a total amount of $74,715. Projected Price TargetsAnalyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $3.0 to $25.0 f…