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Decoding Riot Platforms’s Options Activity: What’s the Big Picture?

Published by
Benzinga

Whales with a lot of money to spend have taken a noticeably bearish stance on Riot Platforms. Looking at options history for Riot Platforms (NASDAQ:RIOT) we detected 32 trades. If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 53% with bearish. From the overall spotted trades, 2 are puts, for a total amount of $66,195 and 30, calls, for a total amount of $1,796,942. What’s The Price Target?Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price windo…

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