A Closer Look at Celsius Holdings's Options Market Dynamics

Whales with a lot of money to spend have taken a noticeably bearish stance on Celsius Holdings.

Looking at options history for Celsius Holdings CELH we detected 11 trades.

If we consider the specifics of each trade, it is accurate to state that 27% of the investors opened trades with bullish expectations and 72% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $228,635 and 8, calls, for a total amount of $463,955.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $50.0 to $80.0 for Celsius Holdings over the last 3 months.

Volume & Open Interest Trends

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Celsius Holdings'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 Celsius Holdings's whale trades within a strike price range from $50.0 to $80.0 in the last 30 days.

Celsius Holdings Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

About Celsius Holdings

Celsius Holdings plays in the energy drink subsegment of the global nonalcoholic beverage market, with 94% of revenue concentrated in North America. Celsius' products contain natural ingredients and a metabolism-enhancing formulation, appealing to fitness and active lifestyle enthusiasts. The firm's portfolio includes its namesake Celsius Originals beverages (including those that are naturally caffeinated with stevia) and Celsius On-the-Go powder packets. Celsius focuses its time on branding and innovation, while it utilizes third parties for the manufacturing, packaging, and distribution of its products. In 2022, Celsius forged a 20-year distribution agreement with PepsiCo, which holds an 8.5% stake in the business.

Having examined the options trading patterns of Celsius Holdings, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of Celsius Holdings

• With a volume of 787,673, the price of CELH is up 1.34% at $63.4.
• RSI indicators hint that the underlying stock may be approaching overbought.
• Next earnings are expected to be released in 13 days.

Professional Analyst Ratings for Celsius Holdings

A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $68.33333333333333.

• In a positive move, an analyst from Maxim Group has upgraded their rating to Buy and adjusted the price target to $65.
• In a cautious move, an analyst from Wedbush downgraded its rating to Outperform, setting a price target of $75.
• An analyst from B of A Securities has revised its rating downward to Neutral, adjusting the price target to $65.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Celsius Holdings with Benzinga Pro for real-time alerts.