Whales with a lot of money to spend have taken a noticeably bearish stance on Texas Instruments.
Looking at options history for Texas Instruments TXN we detected 12 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 66% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $370,093 and 6, calls, for a total amount of $285,284.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $145.0 to $175.0 for Texas Instruments during the past quarter.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Texas Instruments options trades today is 1312.1 with a total volume of 5,081.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Texas Instruments's big money trades within a strike price range of $145.0 to $175.0 over the last 30 days.
Texas Instruments Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| TXN | PUT | SWEEP | BEARISH | 03/08/24 | $155.00 | $148.5K | 1.6K | 1.3K |
| TXN | CALL | SWEEP | BULLISH | 01/16/26 | $165.00 | $102.9K | 447 | 61 |
| TXN | PUT | SWEEP | BEARISH | 05/17/24 | $160.00 | $67.6K | 345 | 81 |
| TXN | CALL | SWEEP | BEARISH | 05/17/24 | $175.00 | $49.2K | 2.6K | 202 |
| TXN | CALL | SWEEP | BEARISH | 04/19/24 | $150.00 | $47.3K | 1.6K | 40 |
About Texas Instruments
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
Having examined the options trading patterns of Texas Instruments, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Current Position of Texas Instruments
- With a trading volume of 2,226,484, the price of TXN is down by -0.37%, reaching $158.31.
- Current RSI values indicate that the stock is may be approaching oversold.
- Next earnings report is scheduled for 77 days from now.
Professional Analyst Ratings for Texas Instruments
In the last month, 5 experts released ratings on this stock with an average target price of $178.6.
- Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Neutral with a new price target of $180.
- Consistent in their evaluation, an analyst from Barclays keeps a Equal-Weight rating on Texas Instruments with a target price of $150.
- An analyst from UBS has elevated its stance to Buy, setting a new price target at $195.
- An analyst from Keybanc persists with their Overweight rating on Texas Instruments, maintaining a target price of $200.
- Consistent in their evaluation, an analyst from Truist Securities keeps a Hold rating on Texas Instruments with a target price of $168.
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 Texas Instruments options trades with real-time alerts from Benzinga Pro.
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