KE Holdings's Options Frenzy: What You Need to Know

Investors with a lot of money to spend have taken a bullish stance on KE Holdings BEKE.

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 BEKE, 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 20 uncommon options trades for KE Holdings.

This isn't normal.

The overall sentiment of these big-money traders is split between 70% bullish and 30%, bearish.

Out of all of the special options we uncovered, 6 are puts, for a total amount of $374,606, and 14 are calls, for a total amount of $1,050,875.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $11.0 to $20.0 for KE Holdings over the recent three months.

Analyzing Volume & Open Interest

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 KE 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 KE Holdings's whale activity within a strike price range from $11.0 to $20.0 in the last 30 days.

KE Holdings Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

About KE Holdings

KE Holdings, or Beike, is a large residential real estate sales and rental brokerage company in China. Founded in 2001, the company operates through self-owned Lianjia stores in Beijing and Shanghai and connected third-party agencies including franchise brand Deyou in other cities, with commissions charged on existing home and new home transactions. Leveraging an online-offline hybrid model, Beike also attract clients through its namesake online marketplace. The company tapped into home renovation services by acquiring Shengdu Home Decoration in 2022. As at the end of 2022, Beike's cofounders collectively control the company, while Tencent and its affiliates share 8% of voting power.

After a thorough review of the options trading surrounding KE Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Where Is KE Holdings Standing Right Now?

• With a trading volume of 25,546,308, the price of BEKE is up by 10.86%, reaching $14.5.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 2 days from now.

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 KE Holdings options trades with real-time alerts from Benzinga Pro.