Understanding Cleanspark's Options Activity Analysis
Analyzing the Options Activity of Cleanspark
Investors with substantial capital are currently taking a bearish stance on Cleanspark. This trend can be observed through an analysis of the options history for Cleanspark (CLSK), where we have identified 20 trade instances.
Digging deeper into the details of these trades, it's evident that 45% of the investors have initiated trades anticipating price increases, while 50% are acting with bearish expectations.
Overall, among the trades detected, 4 are put options, totaling $648,322, and 16 are call options valued at $631,476. Such a split suggests mixed sentiments surrounding the stock.
Current Price Projections for Cleanspark
Upon reviewing the trading volumes and open interest, it's noticeable that the key market participants are eyeing a price range from $8.0 to $37.0 for Cleanspark over the past three months. This price band indicates significant levels of attention from various traders.
Volume and Open Interest Trends
A glance at liquidity metrics reveals that the average open interest for Cleanspark options trades today is approximately 13,555.59, accompanied by total trading volumes amounting to 18,722.00. This data highlights the movement and engagement in the options market for this stock.
In the upcoming sections, we will chart the progress of volume and open interest for Cleanspark's substantial trades involving calls and puts within a strike price spectrum ranging from $8.0 to $37.0, specifically over the last 30 days.
Recent Options Activity for Cleanspark
In the last month, we have seen significant trading activity with specific options that warrant attention.
Key Options Transactions Identified
Here are the details reflecting recent significant options trades associated with Cleanspark:
- Symbol: CLSK, Type: PUT, Trade Type: SWEEP, Sentiment: BULLISH, Expiration Date: 01/16/26, Strike Price: $37.00, Total Trade Price: $480.2K
- Symbol: CLSK, Type: PUT, Trade Type: SWEEP, Sentiment: BEARISH, Expiration Date: 01/16/26, Strike Price: $10.00, Total Trade Price: $83.0K
- Symbol: CLSK, Type: CALL, Trade Type: SWEEP, Sentiment: BULLISH, Expiration Date: 01/15/27, Strike Price: $15.00, Total Trade Price: $62.4K
- Symbol: CLSK, Type: CALL, Trade Type: SWEEP, Sentiment: BEARISH, Expiration Date: 01/17/25, Strike Price: $10.00, Total Trade Price: $59.6K
- Symbol: CLSK, Type: PUT, Trade Type: SWEEP, Sentiment: BULLISH, Expiration Date: 01/24/25, Strike Price: $10.00, Total Trade Price: $56.7K
Understanding Cleanspark
Cleanspark Inc is primarily focused on bitcoin mining. Through its subsidiaries, the company actively participates in mining bitcoin, having entered the industry through strategic acquisitions. Bitcoin mining represents its sole reportable segment, emphasizing its commitment to this market.
Current Market Position of Cleanspark
- Recently recorded trading volume stands at 10,626,625, with CLSK's price slight uptick of 0.19% at $10.38.
- Relative Strength Index (RSI) indicators suggest that the stock may presently be oversold, pointing to potential opportunities.
- An earnings announcement is anticipated in the near future, specifically within the next month.
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Frequently Asked Questions
What is Cleanspark known for?
Cleanspark is primarily recognized as a bitcoin mining company, engaging in mining activities through its subsidiaries.
What does the options activity for Cleanspark indicate?
The current options activity suggests a mixed sentiment among investors, with a notable bearish tilt recently.
What are the current price ranges for Cleanspark options?
Major traders are eyeing a price range between $8.0 and $37.0 for Cleanspark over the last three months.
How has Cleanspark's stock performed recently?
As of the latest updates, CLSK's stock price has seen a slight increase, positioning at $10.38.
When is Cleanspark's next earnings announcement?
An earnings announcement for Cleanspark is expected shortly, within the next month.
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Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
