<p>從根本上講，加密貨幣礦商 <strong>CleanSpark Inc</strong> CLSK 的股價可能因貨幣政策的投機而上漲。例如，在過去五個交易日中，CLSK 股票上漲超過 13%。在美聯儲公開市場委員會（FOMC）對基準利率進行鴿派調整的決定即將公佈之際——更重要的是關於未來前景的評論——該證券上漲超過 1%。</p>
<p>不過，最終推動 CLSK 股票進一步上漲的可能是空頭頭寸的增加。更具吸引力的是，該股票發出了強烈的技術信號，幾乎肯定在 meme 交易者和其他市場投機者的觀察名單上。</p>
<p>從表面上看，CLSK 股票早期的走勢可能源於買傳聞、賣新聞的動態——而頭條傳聞本身並沒有那麼突破性。根據 CME Group 的 FedWatch 工具，預計美聯儲將有 100% 的可能性降低基準利率。與實際決定相比，中央銀行的評論才是讓投資者目不轉睛的焦點。</p>
<p>對於美聯儲來説，面臨的任務極其艱鉅，因為通脹依然頑固。然而，疲弱的就業數據和負面調整有助於支持貨幣政策的鴿派轉變。如果是這樣，這可能會支持數字資產，從而可能對像 CleanSpark 這樣的區塊鏈礦商產生積極的溢出效應。</p>
<p>然而，剛接觸 CLSK 股票的交易者可能會擔心其已經強勁的表現。在過去的半年中，CLSK 股票上漲了大約 40%。考慮到加密資產的波動性，持有風險的合理擔憂存在。同時，這一反彈可能是更長期敍事的早期章節。</p>
<h2>CLSK 股票在空頭頭寸上升中閃現看漲信號</h2>
<p>與任何健康的市場一樣，CLSK 股票有信仰者和懷疑者。使 CleanSpark 成為必須關注的實體的原因在於，懷疑者通過開設空頭頭寸將資金投入其中。目前，CLSK 的空頭頭寸佔其流通股的 19.4%，而其空頭頭寸比率為 3.41 天可平倉。基本上，空頭交易者需要大約一個工作周才能完全解除其空頭敞口。</p>
<p>要真正理解高空頭頭寸的影響，必須認識到真正的空頭頭寸本質上是基於信用的交易。具體來説，啓動空頭交易（即賣出開倉交易）的證券是從經紀商那裏借來的；也就是説，它們實際上是以信用方式出售的。因此，在某個時刻——無論相關股票發生什麼——借出證券的經紀商必須得到補償。</p>
<p>從空頭交易者的角度來看，出售的證券需要貶值。如果它們貶值，投機者可以以低於原始銷售價格的折扣價回購股票並歸還給經紀商。顯然，差額作為利潤被收入囊中。但對於空頭來説，危險在於如果股票朝着 “錯誤” 的方向（即上漲）移動。</p>
<p>同樣，無論如何，經紀商都必須得到補償，因為出售的股票是以信用方式出售的。</p>
<p>因此，空頭擠壓的核心思想源於恐慌的投機者試圖減輕他們的尾部風險——即在承保風險在基礎分佈的極端端點實現時，面臨的強制性支付威脅。謹慎的投機者會提前削減尾部風險，因此在極端痛苦實現之前退出。</p>
<p>頑固的投機者？理論上，他們面臨無限的責任。現實中，他們會在損失無限之前收到保證金通知。</p>
<p>令人興奮的是，儘管空頭頭寸正在瘋狂增長，CLSK 股票似乎正在發出一種被稱為看漲三角形的技術買入信號。基本上，這個想法是多頭和空頭之間進行了反覆的爭鬥，前線最終停滯。換句話説，價格走勢逐漸收窄成一個整合模式。</p>
<p>然而，在這一整合的頂點，技術分析的原則表明，目標證券將向上突破，通常是爆發性的。理論上，這是一個高概率事件，但缺乏可證偽性。</p>
<p>坦率地説，我越來越遠離啓發式方法。但炙手可熱的空頭頭寸的對比可能吸引了 meme 股票交易者。因此，這是一個值得密切關注的名字。</p>
<h2>可能的長期跑道</h2>
<p>查看圖表並考慮空頭擠壓的力量，我預計長期目標為 20 美元，這是在 2024 年 3 月最後一次穩定出現的水平。因此，CleanSpark 可能是一種分階段的策略，您可以同時購買期權價差和證券本身。</p>
<p>至於期權交易，我關注的是 13/14 看漲期權價差，截止日期為 11 月 21 日。該交易涉及購買 13 美元的看漲期權，同時出售 14 美元的看漲期權，淨支出為 25 美元（交易中可能損失的最大金額）。如果 CLSK 股票在到期時突破第二個行使價（14 美元），最大利潤為 75 美元，回報率為 300%。</p>
<p>當然，從紙面上看，上述交易看起來極其瘋狂。以 13.25 美元的盈虧平衡價，CLSK 需要上漲近 17% 才能實現盈虧平衡。儘管如此，動能似乎在技術和基本面上都在穩步積聚。</p>
<p>最終，這將歸結於投資者情緒——我敢打賭，跟隨投機想法的人正在關注 CLSK 股票。是的，這其中涉及很多啓發式和解讀。但就非經驗性想法而言？這可能是今年最令人興奮的賭注。</p>
<p><strong><em>本內容中表達的觀點和看法僅代表個人作者的意見，並不一定反映 Benzinga 的觀點。Benzinga 對本文所提供信息的準確性或可靠性不承擔任何責任。本內容僅供參考，不應被誤解為投資建議或買賣任何證券的推薦。讀者被要求不要依賴本文中的觀點或信息，並在做出投資決策之前進行自己的盡職調查。</em></strong></p>
<ul>
<li><strong>期權角落：為什麼 MARA Holdings 值得列入你的空頭擠壓觀察名單</strong></li>
</ul>
<p><em>圖片來源：Shutterstock</em></p>

CLSK

<p>CleanSpark Inc (CLSK) 的股價上漲了 13%，這主要受到對貨幣政策和美聯儲可能採取鴿派立場的猜測推動。當前空頭頭寸為 19.4%，可能會出現逼空，尤其是 CLSK 顯示出看漲的技術信號。該股票的表現吸引了信徒和懷疑者，長期目標可能為 20 美元。建議投資者採用 13/14 看漲期權價差策略，以利用這一勢頭</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>從根本上講，加密貨幣礦商 <strong>CleanSpark Inc</strong> CLSK 的股價可能因貨幣政策的投機而上漲。例如，在過去五個交易日中，CLSK 股票上漲超過 13%。在美聯儲公開市場委員會（FOMC）對基準利率進行鴿派調整的決定即將公佈之際——更重要的是關於未來前景的評論——該證券上漲超過 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>不過，最終推動 CLSK 股票進一步上漲的可能是空頭頭寸的增加。更具吸引力的是，該股票發出了強烈的技術信號，幾乎肯定在 meme 交易者和其他市場投機者的觀察名單上。</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>從表面上看，CLSK 股票早期的走勢可能源於買傳聞、賣新聞的動態——而頭條傳聞本身並沒有那麼突破性。根據 CME Group 的 FedWatch 工具，預計美聯儲將有 100% 的可能性降低基準利率。與實際決定相比，中央銀行的評論才是讓投資者目不轉睛的焦點。</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>對於美聯儲來説，面臨的任務極其艱鉅，因為通脹依然頑固。然而，疲弱的就業數據和負面調整有助於支持貨幣政策的鴿派轉變。如果是這樣，這可能會支持數字資產，從而可能對像 CleanSpark 這樣的區塊鏈礦商產生積極的溢出效應。</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，剛接觸 CLSK 股票的交易者可能會擔心其已經強勁的表現。在過去的半年中，CLSK 股票上漲了大約 40%。考慮到加密資產的波動性，持有風險的合理擔憂存在。同時，這一反彈可能是更長期敍事的早期章節。</p>
</div><h2>CLSK Stock Flashes A Bullish Signal Amid Rising Short Interest</h2>
<div class="lb-trans"><h2>CLSK 股票在空頭頭寸上升中閃現看漲信號</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>與任何健康的市場一樣，CLSK 股票有信仰者和懷疑者。使 CleanSpark 成為必須關注的實體的原因在於，懷疑者通過開設空頭頭寸將資金投入其中。目前，CLSK 的空頭頭寸佔其流通股的 19.4%，而其空頭頭寸比率為 3.41 天可平倉。基本上，空頭交易者需要大約一個工作周才能完全解除其空頭敞口。</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>要真正理解高空頭頭寸的影響，必須認識到真正的空頭頭寸本質上是基於信用的交易。具體來説，啓動空頭交易（即賣出開倉交易）的證券是從經紀商那裏借來的；也就是説，它們實際上是以信用方式出售的。因此，在某個時刻——無論相關股票發生什麼——借出證券的經紀商必須得到補償。</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>從空頭交易者的角度來看，出售的證券需要貶值。如果它們貶值，投機者可以以低於原始銷售價格的折扣價回購股票並歸還給經紀商。顯然，差額作為利潤被收入囊中。但對於空頭來説，危險在於如果股票朝着 “錯誤” 的方向（即上漲）移動。</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>同樣，無論如何，經紀商都必須得到補償，因為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，空頭擠壓的核心思想源於恐慌的投機者試圖減輕他們的尾部風險——即在承保風險在基礎分佈的極端端點實現時，面臨的強制性支付威脅。謹慎的投機者會提前削減尾部風險，因此在極端痛苦實現之前退出。</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>頑固的投機者？理論上，他們面臨無限的責任。現實中，他們會在損失無限之前收到保證金通知。</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>令人興奮的是，儘管空頭頭寸正在瘋狂增長，CLSK 股票似乎正在發出一種被稱為看漲三角形的技術買入信號。基本上，這個想法是多頭和空頭之間進行了反覆的爭鬥，前線最終停滯。換句話説，價格走勢逐漸收窄成一個整合模式。</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，在這一整合的頂點，技術分析的原則表明，目標證券將向上突破，通常是爆發性的。理論上，這是一個高概率事件，但缺乏可證偽性。</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>坦率地説，我越來越遠離啓發式方法。但炙手可熱的空頭頭寸的對比可能吸引了 meme 股票交易者。因此，這是一個值得密切關注的名字。</p>
</div><h2>A Potentially Long Runway Ahead</h2>
<div class="lb-trans"><h2>可能的長期跑道</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>查看圖表並考慮空頭擠壓的力量，我預計長期目標為 20 美元，這是在 2024 年 3 月最後一次穩定出現的水平。因此，CleanSpark 可能是一種分階段的策略，您可以同時購買期權價差和證券本身。</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>至於期權交易，我關注的是 13/14 看漲期權價差，截止日期為 11 月 21 日。該交易涉及購買 13 美元的看漲期權，同時出售 14 美元的看漲期權，淨支出為 25 美元（交易中可能損失的最大金額）。如果 CLSK 股票在到期時突破第二個行使價（14 美元），最大利潤為 75 美元，回報率為 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>當然，從紙面上看，上述交易看起來極其瘋狂。以 13.25 美元的盈虧平衡價，CLSK 需要上漲近 17% 才能實現盈虧平衡。儘管如此，動能似乎在技術和基本面上都在穩步積聚。</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>最終，這將歸結於投資者情緒——我敢打賭，跟隨投機想法的人正在關注 CLSK 股票。是的，這其中涉及很多啓發式和解讀。但就非經驗性想法而言？這可能是今年最令人興奮的賭注。</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>本內容中表達的觀點和看法僅代表個人作者的意見，並不一定反映 Benzinga 的觀點。Benzinga 對本文所提供信息的準確性或可靠性不承擔任何責任。本內容僅供參考，不應被誤解為投資建議或買賣任何證券的推薦。讀者被要求不要依賴本文中的觀點或信息，並在做出投資決策之前進行自己的盡職調查。</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>期權角落：為什麼 MARA Holdings 值得列入你的空頭擠壓觀察名單</strong></li>
</ul>
</div><p><em>Image: Shutterstock</em></p>
<div class="lb-trans"><p><em>圖片來源：Shutterstock</em></p>
</div>

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

- CleanSpark Inc CLSK 股票因貨幣政策預期上漲，過去五天漲幅超 13%。  
- 短期內，強勁的技術信號和高空頭興趣可能推動 CLSK 進一步上漲。  
- 投資者需關注市場情緒，預計 CLSK 長期目標為 20 美元。

期權專欄：CleanSpark 可能為加密貨幣投機者提供一次大規模的空頭擠壓機會