Spotlight on Estee Lauder Cos: Analyzing the Surge in Options Activity

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Financial giants have made a conspicuous bullish move on Estee Lauder Cos. Our analysis of options history for Estee Lauder Cos EL revealed 8 unusual trades.

Delving into the details, we found 37% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $88,705, and 5 were calls, valued at $312,960.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $100.0 to $160.0 for Estee Lauder Cos over the last 3 months.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Estee Lauder Cos's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Estee Lauder Cos's significant trades, within a strike price range of $100.0 to $160.0, over the past month.

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Estee Lauder Cos Call and Put Volume: 30-Day Overview

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
EL CALL SWEEP NEUTRAL 01/16/26 $20.5 $20.5 $20.5 $150.00 $123.0K 512 60
EL CALL SWEEP BEARISH 06/21/24 $7.3 $7.0 $7.04 $130.00 $84.1K 1.1K 13
EL CALL SWEEP BULLISH 06/20/25 $13.6 $13.3 $13.6 $155.00 $46.2K 0 4
EL PUT SWEEP NEUTRAL 06/21/24 $15.1 $14.4 $14.8 $145.00 $32.5K 1.1K 2
EL CALL TRADE BULLISH 05/17/24 $31.0 $28.4 $31.0 $100.00 $31.0K 10 0

About Estee Lauder Cos

Estee Lauder is a leader in the global prestige beauty market, participating across skin care (52% of 2023 sales), makeup (28%), fragrance (16%), and hair care (4%) categories, with top-selling brands such as Estee Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 28% of revenue from the Americas, 39% from Europe, the Middle East and Africa (including travel retail), and 33% from Asia-Pacific. Estee Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.

Present Market Standing of Estee Lauder Cos

  • With a volume of 1,332,901, the price of EL is up 3.5% at $131.83.
  • RSI indicators hint that the underlying stock may be approaching oversold.
  • Next earnings are expected to be released in 106 days.

What The Experts Say On Estee Lauder Cos

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $166.6.

  • Maintaining their stance, an analyst from DA Davidson continues to hold a Buy rating for Estee Lauder Cos, targeting a price of $191.
  • An analyst from Telsey Advisory Group has decided to maintain their Market Perform rating on Estee Lauder Cos, which currently sits at a price target of $155.
  • An analyst from Barclays persists with their Equal-Weight rating on Estee Lauder Cos, maintaining a target price of $150.
  • Consistent in their evaluation, an analyst from Barclays keeps a Equal-Weight rating on Estee Lauder Cos with a target price of $146.
  • An analyst from DA Davidson has decided to maintain their Buy rating on Estee Lauder Cos, which currently sits at a price target of $191.

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 Estee Lauder Cos options trades with real-time alerts from Benzinga Pro.

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Posted In: OptionsMarketsBZI-UOA
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