Whales with a lot of money to spend have taken a noticeably bullish stance on ASML Holding.
Looking at options history for ASML Holding ASML 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, 2 are puts, for a total amount of $147,745 and 9, calls, for a total amount of $1,236,980.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $520.0 to $1040.0 for ASML Holding over the recent three 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 ASML Holding's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across ASML Holding's significant trades, within a strike price range of $520.0 to $1040.0, over the past month.
ASML Holding 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASML | CALL | TRADE | BEARISH | 04/12/24 | $478.8 | $477.3 | $477.3 | $520.00 | $668.2K | 0 | 0 |
| ASML | CALL | SWEEP | BULLISH | 06/21/24 | $126.0 | $125.5 | $126.0 | $900.00 | $252.0K | 178 | 0 |
| ASML | PUT | SWEEP | BEARISH | 04/19/24 | $18.7 | $17.6 | $17.8 | $955.00 | $89.0K | 83 | 0 |
| ASML | CALL | TRADE | BULLISH | 01/17/25 | $375.0 | $366.2 | $375.0 | $660.00 | $75.0K | 193 | 0 |
| ASML | PUT | SWEEP | BEARISH | 04/19/24 | $17.8 | $17.7 | $17.8 | $955.00 | $58.7K | 83 | 78 |
About ASML Holding
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's main clients are TSMC, Samsung, and Intel.
After a thorough review of the options trading surrounding ASML Holding, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
ASML Holding's Current Market Status
- Currently trading with a volume of 39,877, the ASML's price is up by 1.08%, now at $993.34.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 8 days.
Professional Analyst Ratings for ASML Holding
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $1150.0.
- An analyst from Wells Fargo persists with their Overweight rating on ASML Holding, maintaining a target price of $1150.
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 ASML Holding, Benzinga Pro gives you real-time options trades alerts.
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