Investors with significant funds have taken a bullish position in Anheuser-Busch InBev BUD, a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in BUD usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 9 options transactions for Anheuser-Busch InBev. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 55% being bullish and 11% bearish. Of all the options we discovered, 8 are puts, valued at $439,160, and there was a single call, worth $28,875.
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 $57.5 and $95.0 for Anheuser-Busch InBev, spanning the last three 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 Anheuser-Busch InBev's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Anheuser-Busch InBev's significant trades, within a strike price range of $57.5 to $95.0, over the past month.
Anheuser-Busch InBev Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BUD | PUT | SWEEP | BULLISH | 06/21/24 | $36.0 | $35.8 | $35.8 | $95.00 | $93.0K | 975 | 0 |
| BUD | PUT | TRADE | BULLISH | 06/21/24 | $7.2 | $6.1 | $6.1 | $65.00 | $86.0K | 2.0K | 0 |
| BUD | PUT | SWEEP | BULLISH | 05/17/24 | $7.0 | $6.8 | $6.8 | $66.00 | $66.6K | 0 | 212 |
| BUD | PUT | SWEEP | BEARISH | 01/16/26 | $4.6 | $4.2 | $4.6 | $57.50 | $54.2K | 28 | 5 |
| BUD | PUT | SWEEP | BULLISH | 06/21/24 | $6.0 | $5.8 | $5.9 | $65.00 | $37.7K | 2.0K | 205 |
About Anheuser-Busch InBev
Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, according to Euromonitor, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and US-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev and in 2016 it acquired SABMiller.
Following our analysis of the options activities associated with Anheuser-Busch InBev, we pivot to a closer look at the company's own performance.
Where Is Anheuser-Busch InBev Standing Right Now?
- Currently trading with a volume of 824,807, the BUD's price is up by 0.76%, now at $59.92.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 6 days.
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 Anheuser-Busch InBev options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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