Financial giants have made a conspicuous bearish move on Take-Two Interactive. Our analysis of options history for Take-Two Interactive TTWO revealed 9 unusual trades.
Delving into the details, we found 44% of traders were bullish, while 55% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $444,526, and 4 were calls, valued at $171,295.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $130.0 to $175.0 for Take-Two Interactive during the past quarter.
Volume & Open Interest Development
In today's trading context, the average open interest for options of Take-Two Interactive stands at 1307.14, with a total volume reaching 1,088.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Take-Two Interactive, situated within the strike price corridor from $130.0 to $175.0, throughout the last 30 days.
Take-Two Interactive 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 |
|---|---|---|---|---|---|---|---|---|
| TTWO | PUT | SWEEP | BEARISH | 04/05/24 | $155.00 | $206.4K | 45 | 166 |
| TTWO | PUT | SWEEP | BULLISH | 04/19/24 | $150.00 | $95.9K | 656 | 114 |
| TTWO | PUT | TRADE | BEARISH | 06/21/24 | $130.00 | $59.5K | 1.4K | 182 |
| TTWO | CALL | TRADE | BEARISH | 09/20/24 | $175.00 | $54.3K | 5.6K | 251 |
| TTWO | PUT | TRADE | BULLISH | 06/20/25 | $135.00 | $49.5K | 497 | 35 |
About Take-Two Interactive
Found in 1993, Take-Two consists of three wholly owned labels, Rockstar Games, 2K, and Zynga. The firm is one of the world's largest independent video game publishers on consoles, PCs, smartphones, and tablets. Take-Two's franchise portfolio is headlined by "Grand Theft Auto" (345 million units sold) and contains other well-known titles such as "NBA 2K," "Civilization," "Borderlands," "Bioshock," and "Xcom." Zynga mobile titles include "Farmville," "Empires & Puzzles," and "CSR Racing.".
Present Market Standing of Take-Two Interactive
- With a volume of 1,419,937, the price of TTWO is down -1.42% at $150.29.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 51 days.
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 Take-Two Interactive with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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