| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Financial giants have made a conspicuous bearish move on Core Scientific. Our analysis of options history for Core Scientific (NASDAQ:CORZ) revealed 11 unusual trades.
Delving into the details, we found 18% of traders were bullish, while 63% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $74,925, and 9 were calls, valued at $456,517.
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $6.0 to $11.0 for Core Scientific over the last 3 months.
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Core Scientific's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Core Scientific's significant trades, within a strike price range of $6.0 to $11.0, over the past month.
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CORZ | CALL | SWEEP | BEARISH | 07/19/24 | $4.6 | $4.2 | $4.2 | $6.00 | $84.0K | 1.5K | 200 |
| CORZ | CALL | SWEEP | BEARISH | 01/17/25 | $4.1 | $3.9 | $3.9 | $7.00 | $78.0K | 8.6K | 0 |
| CORZ | CALL | SWEEP | BEARISH | 07/19/24 | $5.0 | $3.9 | $3.8 | $6.00 | $76.0K | 1.5K | 0 |
| CORZ | CALL | SWEEP | BULLISH | 07/19/24 | $0.95 | $0.8 | $0.95 | $11.00 | $54.2K | 4.8K | 66 |
| CORZ | CALL | SWEEP | NEUTRAL | 06/21/24 | $0.5 | $0.4 | $0.45 | $10.00 | $43.3K | 13.6K | 417 |
Core Scientific Inc is engaged in Blockchain and AI Infrastructure, Digital Asset Self-Mining, Premium Hosting, Blockchain Technology, and Artificial Intelligence related services. The business operates in two segments being; Equipment Sales and Hosting which consists of blockchain infrastructure, third-party hosting business and equipment sales to customers. Mining segment consists of digital asset mining for its account. The blockchain business generates revenue from the sale of consumption-based contracts and by providing hosting services. The digital asset mining segment earns revenue from operating a firm's owned computer equipment as part of a pool of users that process transactions conducted on one or more blockchain networks. In exchange, it receives digital currency assets.
After a thorough review of the options trading surrounding Core Scientific, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
2 market experts have recently issued ratings for this stock, with a consensus target price of $9.0.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Core Scientific, Benzinga Pro gives you real-time options trades alerts.
Posted In: CORZ
