What the Options Market Tells Us About ACM Research

Financial giants have made a conspicuous bearish move on ACM Research. Our analysis of options history for ACM Research ACMR revealed 8 unusual trades.

Delving into the details, we found 37% of traders were bullish, while 62% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $52,300, and 6 were calls, valued at $469,025.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $10.0 to $22.5 for ACM Research over the recent three months.

Volume & Open Interest Development

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 ACM Research'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 ACM Research's whale activity within a strike price range from $10.0 to $22.5 in the last 30 days.

ACM Research 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
ACMR CALL TRADE BEARISH 08/16/24 $22.50 $180.0K 587 532
ACMR CALL TRADE BULLISH 03/15/24 $10.00 $107.0K 122 200
ACMR CALL SWEEP BEARISH 03/15/24 $20.00 $66.2K 887 439
ACMR CALL TRADE NEUTRAL 08/16/24 $17.50 $45.5K 347 76
ACMR CALL SWEEP BULLISH 05/17/24 $15.00 $42.7K 140 78

About ACM Research

ACM Research Inc is an us-based company. It is engaged in developing, manufacturing, and selling single-wafer wet cleaning equipment, which is used by semiconductor manufacturers in numerous manufacturing steps to remove particles, contaminants, and other random defects to improve product yield, in fabricating integrated circuits, or chips. The company offers space alternated phase shift which employs alternating phases of megasonic waves to deliver megasonic energy to flat and patterned wafer surfaces on a microscopic level; and Timely Energized Bubble Oscillation technology which provides effective, damage-free cleaning for both conventional two and three-dimensional patterned wafers at process nodes.

Where Is ACM Research Standing Right Now?

  • With a trading volume of 1,474,332, the price of ACMR is up by 6.26%, reaching $20.33.
  • Current RSI values indicate that the stock is may be approaching overbought.
  • Next earnings report is scheduled for 6 days from now.

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 ACM Research with Benzinga Pro for real-time alerts.

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Posted In: OptionsMarketsBZI-UOA
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