Investors with a lot of money to spend have taken a bearish stance on YPF YPF.
And retail traders should know.
We noticed this today when the positions 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 YPF, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 11 options trades for YPF.
This isn't normal.
The overall sentiment of these big-money traders is split between 36% bullish and 63%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $30,000, and 10, calls, for a total amount of $912,827.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $15.0 and $16.5 for YPF, spanning the last three months.
Insights into Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for YPF's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of YPF's whale activity within a strike price range from $15.0 to $16.5 in the last 30 days.
YPF Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| YPF | CALL | SWEEP | NEUTRAL | 02/16/24 | $15.00 | $171.1K | 4.9K | 1.9K |
| YPF | CALL | SWEEP | BEARISH | 02/16/24 | $15.00 | $147.5K | 4.9K | 914 |
| YPF | CALL | SWEEP | BEARISH | 02/16/24 | $15.00 | $113.6K | 4.9K | 5.0K |
| YPF | CALL | SWEEP | BULLISH | 02/16/24 | $15.00 | $109.2K | 4.9K | 965 |
| YPF | CALL | SWEEP | BEARISH | 02/16/24 | $15.00 | $91.9K | 4.9K | 5.6K |
About YPF
YPF SA is an Argentina-based integrated oil and gas company. It is engaged in operating a fully integrated oil and gas chain across the domestic upstream, downstream, and gas and power segments. The company's upstream operations consist of the exploration, development, and production of crude oil, natural gas, and LPG. Its downstream operations include the refining, marketing, transportation, and distribution of oil and a wide range of petroleum products, petroleum derivatives, petrochemicals, LPG, and bio-fuels. The company generates maximum revenue from the downstream segment.
In light of the recent options history for YPF, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Current Position of YPF
- Currently trading with a volume of 1,081,343, the YPF's price is down by -0.35%, now at $17.12.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 32 days.
Professional Analyst Ratings for YPF
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $20.0.
- An analyst from Citigroup upgraded its action to Buy with a price target of $20.
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 YPF options trades with real-time alerts from Benzinga Pro.
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