Financial giants have made a conspicuous bullish move on Riot Platforms. Our analysis of options history for Riot Platforms RIOT revealed 8 unusual trades.
Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $180,150, and 2 were calls, valued at $76,868.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $5.5 to $10.0 for Riot Platforms during the past quarter.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for Riot Platforms options trades today is 5581.0 with a total volume of 2,904.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Riot Platforms’s big money trades within a strike price range of $5.5 to $10.0 over the last 30 days.
Riot Platforms Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RIOT | CALL | SWEEP | BEARISH | 01/16/26 | $1.27 | $1.2 | $1.21 | $10.00 | $46.2K | 18.7K | 465 |
| RIOT | PUT | TRADE | BULLISH | 04/17/25 | $1.8 | $1.75 | $1.75 | $8.50 | $43.7K | 379 | 1 |
| RIOT | CALL | TRADE | BULLISH | 04/17/25 | $1.54 | $1.53 | $1.54 | $5.50 | $30.6K | 325 | 208 |
| RIOT | PUT | TRADE | BULLISH | 04/17/25 | $1.17 | $1.14 | $1.14 | $8.00 | $28.5K | 6.3K | 478 |
| RIOT | PUT | TRADE | BEARISH | 04/17/25 | $1.17 | $0.97 | $1.14 | $8.00 | $28.5K | 6.3K | 476 |
About Riot Platforms
Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. The company’s segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.
Riot Platforms’s Current Market Status
- Currently trading with a volume of 10,532,232, the RIOT’s price is down by -3.98%, now at $7.08.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 20 days.
Expert Opinions on Riot Platforms
1 market experts have recently issued ratings for this stock, with a consensus target price of $13.0.
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* An analyst from JP Morgan persists with their Overweight rating on Riot Platforms, maintaining a target price of $13.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Riot Platforms with Benzinga Pro for real-time alerts.
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