What the Options Market Tells Us About Archer-Daniels Midland

Financial giants have made a conspicuous bearish move on Archer-Daniels Midland. Our analysis of options history for Archer-Daniels Midland ADM revealed 8 unusual trades.

Delving into the details, we found 25% of traders were bullish, while 75% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $2,219,690, and 2 were calls, valued at $261,690.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $57.5 to $65.0 for Archer-Daniels Midland over the recent three months.

Volume & Open Interest Development

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 Archer-Daniels Midland'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 Archer-Daniels Midland's whale trades within a strike price range from $57.5 to $65.0 in the last 30 days.

Archer-Daniels Midland Option Volume And Open Interest Over Last 30 Days

Noteworthy Options Activity:

About Archer-Daniels Midland

Archer-Daniels Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. The company is also one of the largest grain merchandisers through its extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients and is a large producer of corn-based sweeteners, starches, and ethanol.

Having examined the options trading patterns of Archer-Daniels Midland, 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 Archer-Daniels Midland

• Trading volume stands at 1,396,705, with ADM's price up by 0.06%, positioned at $53.3.
• RSI indicators show the stock to be may be approaching oversold.
• Earnings announcement expected in 12 days.

Professional Analyst Ratings for Archer-Daniels Midland

5 market experts have recently issued ratings for this stock, with a consensus target price of $60.2.

• Reflecting concerns, an analyst from UBS lowers its rating to Neutral with a new price target of $51.
• Consistent in their evaluation, an analyst from Goldman Sachs keeps a Neutral rating on Archer-Daniels Midland with a target price of $67.
• An analyst from Barclays downgraded its action to Underweight with a price target of $60.
• An analyst from Goldman Sachs has revised its rating downward to Neutral, adjusting the price target to $67.
• Reflecting concerns, an analyst from Stifel lowers its rating to Hold with a new price target of $56.

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 Archer-Daniels Midland with Benzinga Pro for real-time alerts.