Investors with a lot of money to spend have taken a bullish stance on Texas Instruments TXN.
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 this is an institution or just a wealthy individual, we don't know. But when something this big happens with TXN, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 10 options trades for Texas Instruments.
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 options we uncovered, 9 are puts, for a total amount of $594,528, and there was 1 call, for a total amount of $70,067.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $110.0 to $195.0 for Texas Instruments over the last 3 months.
Insights into Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Texas Instruments's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Texas Instruments's significant trades, within a strike price range of $110.0 to $195.0, over the past month.
Texas Instruments Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| TXN | PUT | SWEEP | BEARISH | 01/16/26 | $170.00 | $184.2K | 34 | 89 |
| TXN | PUT | SWEEP | BEARISH | 04/17/25 | $180.00 | $155.4K | 40 | 74 |
| TXN | PUT | SWEEP | BEARISH | 04/17/25 | $180.00 | $78.9K | 40 | 112 |
| TXN | CALL | SWEEP | BULLISH | 04/17/25 | $195.00 | $70.0K | 117 | 64 |
| TXN | PUT | TRADE | BEARISH | 01/16/26 | $110.00 | $37.2K | 31 | 98 |
About Texas Instruments
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
Following our analysis of the options activities associated with Texas Instruments, we pivot to a closer look at the company's own performance.
Texas Instruments's Current Market Status
- With a volume of 1,037,320, the price of TXN is up 0.42% at $173.4.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 40 days.
What Analysts Are Saying About Texas Instruments
A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $170.0.
- In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Neutral, setting a price target of $170.
- In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Neutral, setting a price target of $170.
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 Texas Instruments options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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