Investors with a lot of money to spend have taken a bearish stance on Riot Platforms RIOT.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with RIOT, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 22 uncommon options trades for Riot Platforms.
This isn't normal.
The overall sentiment of these big-money traders is split between 45% bullish and 50%, bearish.
Out of all of the special options we uncovered, 8 are puts, for a total amount of $746,619, and 14 are calls, for a total amount of $693,169.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $8.0 and $20.0 for Riot Platforms, spanning the last three months.
Analyzing Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Riot Platforms's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Riot Platforms's significant trades, within a strike price range of $8.0 to $20.0, over the past month.
Riot Platforms Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RIOT | PUT | SWEEP | BEARISH | 01/16/26 | $3.45 | $3.35 | $3.45 | $10.00 | $345.0K | 2.4K | 293 |
| RIOT | PUT | TRADE | BULLISH | 12/13/24 | $0.6 | $0.53 | $0.53 | $11.50 | $185.5K | 11.5K | 3.6K |
| RIOT | CALL | TRADE | BEARISH | 01/16/26 | $5.05 | $5.0 | $5.0 | $10.00 | $105.0K | 12.5K | 2.2K |
| RIOT | CALL | SWEEP | BEARISH | 01/16/26 | $3.95 | $3.9 | $3.9 | $15.00 | $88.1K | 10.7K | 152 |
| RIOT | CALL | TRADE | BULLISH | 06/20/25 | $2.42 | $2.37 | $2.4 | $15.00 | $73.9K | 4.4K | 524 |
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; Data Center Hosting and Engineering. It generates maximum revenue from the Bitcoin Mining segment which generates revenue from the Bitcoin the company earns through its mining activities.
Following our analysis of the options activities associated with Riot Platforms, we pivot to a closer look at the company's own performance.
Present Market Standing of Riot Platforms
- Trading volume stands at 27,497,379, with RIOT's price down by -2.81%, positioned at $10.89.
- RSI indicators show the stock to be may be approaching oversold.
- Earnings announcement expected in 72 days.
What Analysts Are Saying About Riot Platforms
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $16.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on Riot Platforms with a target price of $16.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Riot Platforms options trades with real-time alerts from Benzinga Pro.
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