Premiums paid for calls on $GLXY are going vertical $15M of calls bought on Tuesday $23M of call... | Duncan

Premiums paid for calls on $GLXY are going vertical $15M of calls bought on Tuesday $23M of call...

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Note: AI-generated summary based on third-party content. Not financial advice. Read more.

Quick Insights

Significant call option buying on GLXY (Galaxy Digital Holdings) is driving its stock price higher, with $31 million in premiums bought today alone. This aggressive call buying forces market makers to purchase GLXY shares to hedge, creating upward price pressure. Investors should monitor GLXY for continued momentum due to this options activity.

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About Duncan

Duncan

By FloodCapital

Investing content focusing on $GLXY and AI Robotics the two largest opportunities I see in the world right now. Not affiliated with @thinkingusd.