Trump Media & Technology (DJT) saw its stock price plummet by 5.37% during intraday trading on Tuesday, as the company faced significant selling pressure.
The sharp decline coincided with unusually heavy bearish options activity. Market data indicated bearish flow in DJT, with 22,010 put options trading—approximately seven times the expected volume. The most active contracts were the April 2 weekly $10.5 puts and the January 27 $5 puts, signaling that traders are positioning for further downside.
This surge in put volume reflects heightened negative sentiment and likely contributed to the downward momentum in the stock price during the session.
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