Mrzorro
02-27

Options Market Statistics: Bitcoin Mining Stocks Are Soaring as Bitcoin Nears $55,000


$Marathon Digital Holdings Inc(MARA)$   shares rose by 21.68%, closing at $29.19. Its options trading volume is 0.63 million. Call contracts account for 71.1% of the total trading volume. The most traded calls are contracts of $30 strike price that expire on Mar 1st. The total volume reaches 66,360 with an open interest of 9,305. The most traded puts are contracts of a $26 strike price that expires on Mar 1st; the volume is 14,548 contracts with an open interest of 1,007.

Shares of several Bitcoin mining stocks including $CleanSpark, Inc.(CLSK)$  , Marathon Digital Holdings and $Riot Blockchain, Inc.(RIOT)$   are rising Monday amid strength in the price of Bitcoin. 

Bitcoin miners and other crypto-linked stocks are getting a boost on Monday as the price of Bitcoin continues to trend higher. Bitcoin broke out of its recent trading range Monday morning and surged to its highest levels since December 2021. Broader crypto markets appear to be benefiting from increased demand following recently approved spot ETFs and anticipation of April's halving event.


$Robinhood(HOOD)$  shares rose by 7.67%, closing at $15.59. Its options trading volume is 0.51 million. Call contracts account for 83.5% of the total trading volume. The most traded calls are contracts of $14 strike price that expire on May 17th. The total volume reaches 32,914 with an open interest of 51,289. The most traded puts are contracts of a $13.5 strike price that expires on Mar 1st; the volume is 22,312 contracts with an open interest of 7,724.


$Coinbase Global, Inc.(COIN)$   shares rose by 16.85%, closing at $193.94. Its options trading volume is 0.42 million. Call contracts account for 68.8% of the total trading volume. The most traded calls are contracts of $200 strike price that expire on Mar 1st. The total volume reaches 21,467 with an open interest of 3,553. The most traded puts are contracts of a $170 strike price that expires on Mar 1st; the volume is 7,422 contracts with an open interest of 1,420.



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