TeraWulf Option Alert: 5,000 October 4 $5.5 Calls Swept Near Ask At $0.25 With 386 Open Interest; Earnings Estimated For November 11 After Close, Stock Ref=$5.22
Portfolio Pulse from Benzinga Newsdesk
A significant option activity was observed for TeraWulf, with 5,000 October 4 $5.5 call options swept near the ask price at $0.25, indicating bullish sentiment. The stock is currently priced at $5.22, and earnings are expected on November 11.
September 26, 2024 | 4:06 pm
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TeraWulf experienced a large sweep of 5,000 call options for October 4 at a strike price of $5.5, priced at $0.25. This suggests a bullish outlook from investors, as the current stock price is $5.22. Earnings are anticipated on November 11.
The sweeping of 5,000 call options near the ask price indicates strong bullish sentiment among investors, suggesting they expect the stock price to rise above $5.5 by October 4. The current stock price is $5.22, and the upcoming earnings report on November 11 could further influence investor sentiment.
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