Financial giants have made a conspicuous bearish move on British American Tobacco. Our analysis of options history for British American Tobacco BTI revealed 8 unusual trades.
Delving into the details, we found 25% of traders were bullish, while 75% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $209,790, and 6 were calls, valued at $404,920.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $15.0 to $40.0 for British American Tobacco over the recent three months.
Analyzing Volume & Open Interest
In today's trading context, the average open interest for options of British American Tobacco stands at 1834.0, with a total volume reaching 2,212.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in British American Tobacco, situated within the strike price corridor from $15.0 to $40.0, throughout the last 30 days.
British American Tobacco 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| BTI | PUT | SWEEP | BEARISH | 01/16/26 | $40.00 | $154.2K | 1.3K | 141 |
| BTI | CALL | TRADE | NEUTRAL | 09/20/24 | $15.00 | $154.2K | 0 | 100 |
| BTI | CALL | SWEEP | BULLISH | 01/16/26 | $28.00 | $76.0K | 1.1K | 800 |
| BTI | CALL | SWEEP | NEUTRAL | 01/17/25 | $28.00 | $60.7K | 4.8K | 79 |
| BTI | PUT | SWEEP | BEARISH | 01/16/26 | $40.00 | $55.5K | 1.3K | 192 |
About British American Tobacco
Following the acquisition of Reynolds American, British American Tobacco is neck-and-neck with Philip Morris International to be the largest listed Global tobacco company--slightly larger than PMI on net revenue, but slightly smaller on total tobacco volume. British American's Global Drive Brands are Dunhill, Kent, Pall Mall, Lucky Strike, and Rothmans, and it also owns Newport and Camel in the U.S. The firm also sells vapor e-cigarettes, primarily its Vuse brand, heated tobacco, with Glo, as well Velo modern oral tobacco products. The company holds 29% of ITC Limited, the leading Indian cigarette-maker.
Following our analysis of the options activities associated with British American Tobacco, we pivot to a closer look at the company's own performance.
Current Position of British American Tobacco
- Trading volume stands at 2,966,589, with BTI's price up by 0.43%, positioned at $30.28.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 14 days.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for British American Tobacco, Benzinga Pro gives you real-time options trades alerts.
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