Whales with a lot of money to spend have taken a noticeably bullish stance on Texas Instruments.
Looking at options history for Texas Instruments TXN we detected 11 trades.
If we consider the specifics of each trade, it is accurate to state that 54% of the investors opened trades with bullish expectations and 45% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $947,303 and 6, calls, for a total amount of $257,946.
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 $130.0 and $210.0 for Texas Instruments, spanning the last three months.
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 Texas Instruments'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 Texas Instruments's whale trades within a strike price range from $130.0 to $210.0 in the last 30 days.
Texas Instruments Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| TXN | PUT | TRADE | BULLISH | 05/17/24 | $165.00 | $432.4K | 5.3K | 64 |
| TXN | PUT | TRADE | BULLISH | 10/18/24 | $160.00 | $284.0K | 105 | 400 |
| TXN | PUT | SWEEP | BEARISH | 04/17/25 | $175.00 | $120.3K | 508 | 68 |
| TXN | PUT | SWEEP | BEARISH | 09/20/24 | $170.00 | $73.1K | 341 | 219 |
| TXN | CALL | TRADE | BULLISH | 09/20/24 | $130.00 | $62.4K | 1 | 0 |
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.
Texas Instruments's Current Market Status
- With a volume of 4,056,406, the price of TXN is down -0.06% at $172.48.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 32 days.
What The Experts Say On Texas Instruments
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $170.0.
- In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Neutral, setting a price target of $170.
- An analyst from Cantor Fitzgerald downgraded its action to Neutral with a price target of $170.
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 Texas Instruments with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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