<p>从根本上讲，加密货币矿商 <strong>CleanSpark Inc</strong> CLSK 的股价可能因货币政策的投机而上涨。例如，在过去五个交易日中，CLSK 股票上涨超过 13%。在美联储公开市场委员会（FOMC）对基准利率进行鸽派调整的决定即将公布之际——更重要的是关于未来前景的评论——该证券上涨超过 1%。</p>
<p>不过，最终推动 CLSK 股票进一步上涨的可能是空头头寸的增加。更具吸引力的是，该股票发出了强烈的技术信号，几乎肯定在 meme 交易者和其他市场投机者的观察名单上。</p>
<p>从表面上看，CLSK 股票早期的走势可能源于买传闻、卖新闻的动态——而头条传闻本身并没有那么突破性。根据 CME Group 的 FedWatch 工具，预计美联储将有 100% 的可能性降低基准利率。与实际决定相比，中央银行的评论才是让投资者目不转睛的焦点。</p>
<p>对于美联储来说，面临的任务极其艰巨，因为通胀依然顽固。然而，疲弱的就业数据和负面调整有助于支持货币政策的鸽派转变。如果是这样，这可能会支持数字资产，从而可能对像 CleanSpark 这样的区块链矿商产生积极的溢出效应。</p>
<p>然而，刚接触 CLSK 股票的交易者可能会担心其已经强劲的表现。在过去的半年中，CLSK 股票上涨了大约 40%。考虑到加密资产的波动性，持有风险的合理担忧存在。同时，这一反弹可能是更长期叙事的早期章节。</p>
<h2>CLSK 股票在空头头寸上升中闪现看涨信号</h2>
<p>与任何健康的市场一样，CLSK 股票有信仰者和怀疑者。使 CleanSpark 成为必须关注的实体的原因在于，怀疑者通过开设空头头寸将资金投入其中。目前，CLSK 的空头头寸占其流通股的 19.4%，而其空头头寸比率为 3.41 天可平仓。基本上，空头交易者需要大约一个工作周才能完全解除其空头敞口。</p>
<p>要真正理解高空头头寸的影响，必须认识到真正的空头头寸本质上是基于信用的交易。具体来说，启动空头交易（即卖出开仓交易）的证券是从经纪商那里借来的；也就是说，它们实际上是以信用方式出售的。因此，在某个时刻——无论相关股票发生什么——借出证券的经纪商必须得到补偿。</p>
<p>从空头交易者的角度来看，出售的证券需要贬值。如果它们贬值，投机者可以以低于原始销售价格的折扣价回购股票并归还给经纪商。显然，差额作为利润被收入囊中。但对于空头来说，危险在于如果股票朝着 “错误” 的方向（即上涨）移动。</p>
<p>同样，无论如何，经纪商都必须得到补偿，因为出售的股票是以信用方式出售的。</p>
<p>因此，空头挤压的核心思想源于恐慌的投机者试图减轻他们的尾部风险——即在承保风险在基础分布的极端端点实现时，面临的强制性支付威胁。谨慎的投机者会提前削减尾部风险，因此在极端痛苦实现之前退出。</p>
<p>顽固的投机者？理论上，他们面临无限的责任。现实中，他们会在损失无限之前收到保证金通知。</p>
<p>令人兴奋的是，尽管空头头寸正在疯狂增长，CLSK 股票似乎正在发出一种被称为看涨三角形的技术买入信号。基本上，这个想法是多头和空头之间进行了反复的争斗，前线最终停滞。换句话说，价格走势逐渐收窄成一个整合模式。</p>
<p>然而，在这一整合的顶点，技术分析的原则表明，目标证券将向上突破，通常是爆发性的。理论上，这是一个高概率事件，但缺乏可证伪性。</p>
<p>坦率地说，我越来越远离启发式方法。但炙手可热的空头头寸的对比可能吸引了 meme 股票交易者。因此，这是一个值得密切关注的名字。</p>
<h2>可能的长期跑道</h2>
<p>查看图表并考虑空头挤压的力量，我预计长期目标为 20 美元，这是在 2024 年 3 月最后一次稳定出现的水平。因此，CleanSpark 可能是一种分阶段的策略，您可以同时购买期权价差和证券本身。</p>
<p>至于期权交易，我关注的是 13/14 看涨期权价差，截止日期为 11 月 21 日。该交易涉及购买 13 美元的看涨期权，同时出售 14 美元的看涨期权，净支出为 25 美元（交易中可能损失的最大金额）。如果 CLSK 股票在到期时突破第二个行使价（14 美元），最大利润为 75 美元，回报率为 300%。</p>
<p>当然，从纸面上看，上述交易看起来极其疯狂。以 13.25 美元的盈亏平衡价，CLSK 需要上涨近 17% 才能实现盈亏平衡。尽管如此，动能似乎在技术和基本面上都在稳步积聚。</p>
<p>最终，这将归结于投资者情绪——我敢打赌，跟随投机想法的人正在关注 CLSK 股票。是的，这其中涉及很多启发式和解读。但就非经验性想法而言？这可能是今年最令人兴奋的赌注。</p>
<p><strong><em>本内容中表达的观点和看法仅代表个人作者的意见，并不一定反映 Benzinga 的观点。Benzinga 对本文所提供信息的准确性或可靠性不承担任何责任。本内容仅供参考，不应被误解为投资建议或买卖任何证券的推荐。读者被要求不要依赖本文中的观点或信息，并在做出投资决策之前进行自己的尽职调查。</em></strong></p>
<ul>
<li><strong>期权角落：为什么 MARA Holdings 值得列入你的空头挤压观察名单</strong></li>
</ul>
<p><em>图片来源：Shutterstock</em></p>

CLSK

<p>CleanSpark Inc (CLSK) 的股价上涨了 13%，这主要受到对货币政策和美联储可能采取鸽派立场的猜测推动。当前空头头寸为 19.4%，可能会出现逼空，尤其是 CLSK 显示出看涨的技术信号。该股票的表现吸引了信徒和怀疑者，长期目标可能为 20 美元。建议投资者采用 13/14 看涨期权价差策略，以利用这一势头</p>

<p>Fundamentally, cryptocurrency miner <strong>CleanSpark Inc</strong> CLSK has likely been moving higher due to speculation of monetary policy. In the trailing five sessions, for example, CLSK stock has jumped over 13%. Heading into the Federal Reserve Open Market Committee's (FOMC) decision on a dovish adjustment of the benchmark interest rate — and more importantly commentary regarding the forward outlook — the security gained over 1%.</p>
<div class="lb-trans"><p>从根本上讲，加密货币矿商 <strong>CleanSpark Inc</strong> CLSK 的股价可能因货币政策的投机而上涨。例如，在过去五个交易日中，CLSK 股票上涨超过 13%。在美联储公开市场委员会（FOMC）对基准利率进行鸽派调整的决定即将公布之际——更重要的是关于未来前景的评论——该证券上涨超过 1%。</p>
</div><p>Still, it could ultimately be rising short interest that helps move CLSK stock even higher. Even more enticing, the stock is flashing a strong technical signal that is almost surely on the watchlist of meme traders and other market gamblers.</p>
<div class="lb-trans"><p>不过，最终推动 CLSK 股票进一步上涨的可能是空头头寸的增加。更具吸引力的是，该股票发出了强烈的技术信号，几乎肯定在 meme 交易者和其他市场投机者的观察名单上。</p>
</div><p>On the surface, the earlier moves of CLSK stock likely stem from buy-the-rumor, sell-the-news dynamics — and the headline rumor itself wasn’t all that groundbreaking. According to CME Group's FedWatch, the tool projected a 100% likelihood that the Federal Reserve would cut the benchmark interest rate. Instead of the actual decision, it's the central bank's commentary that had investors glued to their screens.</p>
<div class="lb-trans"><p>从表面上看，CLSK 股票早期的走势可能源于买传闻、卖新闻的动态——而头条传闻本身并没有那么突破性。根据 CME Group 的 FedWatch 工具，预计美联储将有 100% 的可能性降低基准利率。与实际决定相比，中央银行的评论才是让投资者目不转睛的焦点。</p>
</div><p>For the Fed, it has an incredibly difficult job because inflation remains sticky. However, weak jobs data and negative adjustments help bolster the case of a dovish shift in monetary policy. If so, that could be supportive of digital assets, which in turn would likely lead to positive spillover effects for blockchain miners like CleanSpark.</p>
<div class="lb-trans"><p>对于美联储来说，面临的任务极其艰巨，因为通胀依然顽固。然而，疲弱的就业数据和负面调整有助于支持货币政策的鸽派转变。如果是这样，这可能会支持数字资产，从而可能对像 CleanSpark 这样的区块链矿商产生积极的溢出效应。</p>
</div><p>Nevertheless, the concern that traders just encountering CLSK stock may have is its already-strong performance. In the trailing half-year period, CLSK is up roughly 40%. Given the volatility of crypto-exposed assets, legitimate fears of holding the bag exist. At the same time, this rally could be an early chapter of a longer-term narrative.</p>
<div class="lb-trans"><p>然而，刚接触 CLSK 股票的交易者可能会担心其已经强劲的表现。在过去的半年中，CLSK 股票上涨了大约 40%。考虑到加密资产的波动性，持有风险的合理担忧存在。同时，这一反弹可能是更长期叙事的早期章节。</p>
</div><h2>CLSK Stock Flashes A Bullish Signal Amid Rising Short Interest</h2>
<div class="lb-trans"><h2>CLSK 股票在空头头寸上升中闪现看涨信号</h2>
</div><p>As with any healthy market, CLSK stock has both believers and skeptics. What makes CleanSpark a must-watch entity is that the skeptics are putting their money where their mouth is by opening short positions. Currently, CLSK's short interest stands at 19.4% of its float while its short interest ratio comes in at 3.41 days to cover. Essentially, bearish traders will need roughly one business week to fully unwind their short exposure.</p>
<div class="lb-trans"><p>与任何健康的市场一样，CLSK 股票有信仰者和怀疑者。使 CleanSpark 成为必须关注的实体的原因在于，怀疑者通过开设空头头寸将资金投入其中。目前，CLSK 的空头头寸占其流通股的 19.4%，而其空头头寸比率为 3.41 天可平仓。基本上，空头交易者需要大约一个工作周才能完全解除其空头敞口。</p>
</div><p>To really understand the implications of high short interest, one must appreciate that true short positions are inherently credit-based transactions. Specifically, the securities that are sold which initiate a short trade (i.e. a sell-to-open transaction) are borrowed from a broker; that is, they're effectively sold on credit. Therefore, at some point — irrespective of whatever happens to the stock in question — the lending broker must be made whole.</p>
<div class="lb-trans"><p>要真正理解高空头头寸的影响，必须认识到真正的空头头寸本质上是基于信用的交易。具体来说，启动空头交易（即卖出开仓交易）的证券是从经纪商那里借来的；也就是说，它们实际上是以信用方式出售的。因此，在某个时刻——无论相关股票发生什么——借出证券的经纪商必须得到补偿。</p>
</div><p>From the bearish trader's perspective, the sold securities need to fall in value. If they do, the speculator can buy back the shares at a discounted price (relative to the original sale price) and return them to the broker. Obviously, the difference is pocketed as profit. But the danger for the bear is if the stock moves in the &#34;wrong&#34; direction (meaning up).</p>
<div class="lb-trans"><p>从空头交易者的角度来看，出售的证券需要贬值。如果它们贬值，投机者可以以低于原始销售价格的折扣价回购股票并归还给经纪商。显然，差额作为利润被收入囊中。但对于空头来说，危险在于如果股票朝着 “错误” 的方向（即上涨）移动。</p>
</div><p>Again, either way, the broker has to be made whole because the sold shares were on credit.</p>
<div class="lb-trans"><p>同样，无论如何，经纪商都必须得到补偿，因为出售的股票是以信用方式出售的。</p>
</div><p>Subsequently, the central idea of a short squeeze comes from panicked speculators attempting to mitigate their tail risk — the threat of an obligatory payout when the underwritten risk is realized toward the extreme ends of the underlying distribution. Prudent speculators cut their tail risk early and thus exit before extreme pain is realized.</p>
<div class="lb-trans"><p>因此，空头挤压的核心思想源于恐慌的投机者试图减轻他们的尾部风险——即在承保风险在基础分布的极端端点实现时，面临的强制性支付威胁。谨慎的投机者会提前削减尾部风险，因此在极端痛苦实现之前退出。</p>
</div><p>Stubborn speculators? Theoretically, they risk unlimited liability. Realistically, they're going to get a margin call before the bleeding goes to infinity.</p>
<div class="lb-trans"><p>顽固的投机者？理论上，他们面临无限的责任。现实中，他们会在损失无限之前收到保证金通知。</p>
</div><p>Enticingly, while the short interest is going wild, CLSK stock appears to be printing a technical buy signal known as the bullish pennant. Basically, the idea is that both bulls and bears have engaged in back-and-forth skirmishes, with the frontline eventually stagnating. In other words, the price action gradually narrows into a consolidation pattern.</p>
<div class="lb-trans"><p>令人兴奋的是，尽管空头头寸正在疯狂增长，CLSK 股票似乎正在发出一种被称为看涨三角形的技术买入信号。基本上，这个想法是多头和空头之间进行了反复的争斗，前线最终停滞。换句话说，价格走势逐渐收窄成一个整合模式。</p>
</div><p>However, at the apex of this consolidation, the principles of technical analysis suggest that the target security will resolve to the upside, often explosively. Supposedly, it's a high-probability event but it lacks falsifiability.</p>
<div class="lb-trans"><p>然而，在这一整合的顶点，技术分析的原则表明，目标证券将向上突破，通常是爆发性的。理论上，这是一个高概率事件，但缺乏可证伪性。</p>
</div><p>To be completely upfront, I've been moving further and further away from heuristics. But the juxtaposition of scorching short interest has likely attracted meme-stock traders. Therefore, this is a name to watch closely.</p>
<div class="lb-trans"><p>坦率地说，我越来越远离启发式方法。但炙手可热的空头头寸的对比可能吸引了 meme 股票交易者。因此，这是一个值得密切关注的名字。</p>
</div><h2>A Potentially Long Runway Ahead</h2>
<div class="lb-trans"><h2>可能的长期跑道</h2>
</div><p>Looking at the chart and considering the power of the short squeeze, I anticipate a long-term target of $20, which is a level last seen consistently in March 2024. Therefore, CleanSpark could easily be a staggered strategy where you might buy both an options spread as well as the security itself.</p>
<div class="lb-trans"><p>查看图表并考虑空头挤压的力量，我预计长期目标为 20 美元，这是在 2024 年 3 月最后一次稳定出现的水平。因此，CleanSpark 可能是一种分阶段的策略，您可以同时购买期权价差和证券本身。</p>
</div><p>As for that options play, I'm looking at the 13/14 bull call spread expiring Nov. 21. This transaction involves buying the $13 call and simultaneously selling the $14 call, for a net debit paid of $25 (the most that can be lost in the trade). Should CLSK stock rise through the second-leg strike price ($14) at expiration, the maximum profit is $75, a 300% payout.</p>
<div class="lb-trans"><p>至于期权交易，我关注的是 13/14 看涨期权价差，截止日期为 11 月 21 日。该交易涉及购买 13 美元的看涨期权，同时出售 14 美元的看涨期权，净支出为 25 美元（交易中可能损失的最大金额）。如果 CLSK 股票在到期时突破第二个行使价（14 美元），最大利润为 75 美元，回报率为 300%。</p>
</div><p>Of course, on paper, the above trade looks utterly wild. With a breakeven price of $13.25, CLSK would need to rise nearly 17% just to break even. That said, momentum appears to be steadily brewing, both technically and fundamentally.</p>
<div class="lb-trans"><p>当然，从纸面上看，上述交易看起来极其疯狂。以 13.25 美元的盈亏平衡价，CLSK 需要上涨近 17% 才能实现盈亏平衡。尽管如此，动能似乎在技术和基本面上都在稳步积聚。</p>
</div><p>Ultimately, it's going to come down to investor sentiment — and I'd bet that those who follow speculative ideas are eyeballing CLSK stock. Yes, there's a lot of heuristics and reading into things involved. But in terms of non-empirical ideas? This is probably the most exciting wager of the year.</p>
<div class="lb-trans"><p>最终，这将归结于投资者情绪——我敢打赌，跟随投机想法的人正在关注 CLSK 股票。是的，这其中涉及很多启发式和解读。但就非经验性想法而言？这可能是今年最令人兴奋的赌注。</p>
</div><p><strong><em>The opinions and views expressed in this content are those of the individual author and do not necessarily reflect the views of Benzinga. Benzinga is not responsible for the accuracy or reliability of any information provided herein. This content is for informational purposes only and should not be misconstrued as investment advice or a recommendation to buy or sell any security. Readers are asked not to rely on the opinions or information herein, and encouraged to do their own due diligence before making investing decisions.</em></strong></p>
<div class="lb-trans"><p><strong><em>本内容中表达的观点和看法仅代表个人作者的意见，并不一定反映 Benzinga 的观点。Benzinga 对本文所提供信息的准确性或可靠性不承担任何责任。本内容仅供参考，不应被误解为投资建议或买卖任何证券的推荐。读者被要求不要依赖本文中的观点或信息，并在做出投资决策之前进行自己的尽职调查。</em></strong></p>
</div><ul>
<li><strong>Options Corner: Here’s Why MARA Holdings Deserves To Be On Your Short-Squeeze Watchlist</strong></li>
</ul>
<div class="lb-trans"><ul>
<li><strong>期权角落：为什么 MARA Holdings 值得列入你的空头挤压观察名单</strong></li>
</ul>
</div><p><em>Image: Shutterstock</em></p>
<div class="lb-trans"><p><em>图片来源：Shutterstock</em></p>
</div>

Options Corner: CleanSpark Could Offer Crypto Speculators A Massive Short Squeeze

- CleanSpark Inc CLSK 股票因货币政策预期上涨，过去五天涨幅超 13%。  
- 短期内，强劲的技术信号和高空头兴趣可能推动 CLSK 进一步上涨。  
- 投资者需关注市场情绪，预计 CLSK 长期目标为 20 美元。

期权专栏：CleanSpark 可能为加密货币投机者提供一次大规模的空头挤压机会