What the Options Market Tells Us About Celsius Holdings

Investors with a lot of money to spend have taken a bullish stance on Celsius Holdings CELH.

And retail traders should know.

We noticed this today when the trades 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 CELH, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 14 uncommon options trades for Celsius Holdings.

This isn't normal.

The overall sentiment of these big-money traders is split between 50% bullish and 50%, bearish.

Out of all of the special options we uncovered, 3 are puts, for a total amount of $177,750, and 11 are calls, for a total amount of $533,775.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $55.0 and $115.0 for Celsius Holdings, spanning the last 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 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 activity within a strike price range from $55.0 to $115.0 in the last 30 days.

Celsius Holdings 30-Day Option Volume & Interest Snapshot

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.

Present Market Standing of Celsius Holdings

• With a trading volume of 3,635,038, the price of CELH is down by -1.0%, reaching $80.8.
• Current RSI values indicate that the stock is may be overbought.
• Next earnings report is scheduled for 67 days from now.

What The Experts Say On Celsius Holdings

5 market experts have recently issued ratings for this stock, with a consensus target price of $79.0.

• Consistent in their evaluation, an analyst from Morgan Stanley keeps a Equal-Weight rating on Celsius Holdings with a target price of $75.
• Consistent in their evaluation, an analyst from Stifel keeps a Buy rating on Celsius Holdings with a target price of $90.
• An analyst from Wedbush has decided to maintain their Outperform rating on Celsius Holdings, which currently sits at a price target of $75.
• An analyst from Piper Sandler has decided to maintain their Overweight rating on Celsius Holdings, which currently sits at a price target of $90.
• Showing optimism, an analyst from Maxim Group upgrades its rating to Buy with a revised price target of $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.