Trump Media & Technology Group (DJT) saw its stock price soar 7.43% during intraday trading on Monday, driven by a significant surge in bullish options activity.
Market data detected unusually high and directionally bullish option flow in DJT, with 32,869 call contracts trading—approximately five times the expected volume. The implied volatility for these options also increased by over 4 percentage points to 76.26%, indicating heightened trader interest and anticipation of future price movement.
This substantial increase in call buying, which represents bets that the stock price will rise, is a clear signal of strong bullish sentiment among options traders and is a primary factor behind the stock's sharp intraday gain.