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 36 uncommon options trades for Celsius Holdings.
This isn't normal.
The overall sentiment of these big-money traders is split between 55% bullish and 44%, bearish.
Out of all of the special options we uncovered, 18 are puts, for a total amount of $1,175,631, and 18 are calls, for a total amount of $601,896.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $48.33 to $125.0 for Celsius Holdings during the past quarter.
Analyzing Volume & Open Interest
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 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 trades within a strike price range from $48.33 to $125.0 in the last 30 days.
Celsius Holdings Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| CELH | PUT | SWEEP | BEARISH | 03/22/24 | $90.00 | $180.0K | 2.3K | 300 |
| CELH | PUT | SWEEP | BULLISH | 03/22/24 | $90.00 | $137.9K | 2.3K | 0 |
| CELH | PUT | SWEEP | BEARISH | 03/22/24 | $90.00 | $101.0K | 2.3K | 1.1K |
| CELH | PUT | TRADE | BULLISH | 01/17/25 | $100.00 | $75.9K | 84 | 30 |
| CELH | PUT | TRADE | NEUTRAL | 04/19/24 | $90.00 | $75.3K | 1.0K | 223 |
About Celsius Holdings
Celsius Holdings plays in the energy drink subsegment of the global nonalcoholic beverage market, with 96% 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), Celsius Essentials line (containing aminos), 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.
After a thorough review of the options trading surrounding Celsius Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is Celsius Holdings Standing Right Now?
- With a volume of 2,625,602, the price of CELH is down -2.84% at $87.0.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 49 days.
Professional Analyst Ratings for Celsius Holdings
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $88.8.
- An analyst from Wedbush has decided to maintain their Outperform rating on Celsius Holdings, which currently sits at a price target of $90.
- Maintaining their stance, an analyst from UBS continues to hold a Buy rating for Celsius Holdings, targeting a price of $99.
- An analyst from Wedbush persists with their Outperform rating on Celsius Holdings, maintaining a target price of $75.
- Maintaining their stance, an analyst from Roth MKM continues to hold a Buy rating for Celsius Holdings, targeting a price of $105.
- An analyst from Morgan Stanley persists with their Equal-Weight rating on Celsius Holdings, maintaining a target price of $75.
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 Celsius Holdings options trades with real-time alerts from Benzinga Pro.
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