Whales with a lot of money to spend have taken a noticeably bullish stance on Floor & Decor Hldgs.
Looking at options history for Floor & Decor Hldgs FND we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $425,745 and 4, calls, for a total amount of $178,353.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $95.0 to $145.0 for Floor & Decor Hldgs during the past quarter.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Floor & Decor Hldgs options trades today is 1153.62 with a total volume of 2,789.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Floor & Decor Hldgs's big money trades within a strike price range of $95.0 to $145.0 over the last 30 days.
Floor & Decor Hldgs Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| FND | PUT | TRADE | BULLISH | 06/21/24 | $4.7 | $4.4 | $4.4 | $105.00 | $220.0K | 3.9K | 530 |
| FND | CALL | TRADE | BULLISH | 07/19/24 | $13.5 | $13.0 | $13.36 | $105.00 | $73.4K | 264 | 52 |
| FND | PUT | SWEEP | BULLISH | 05/17/24 | $3.2 | $3.1 | $3.1 | $105.00 | $51.1K | 764 | 207 |
| FND | PUT | TRADE | BEARISH | 05/17/24 | $2.75 | $2.45 | $2.65 | $105.00 | $47.7K | 764 | 973 |
| FND | CALL | TRADE | BEARISH | 07/19/24 | $8.1 | $7.8 | $7.89 | $115.00 | $43.3K | 135 | 74 |
About Floor & Decor Hldgs
Floor & Decor Holdings Inc operates as a specialty retailer in the hard surface flooring market. Its stores offer a range of tile, wood, laminate, and natural stone flooring products, as well as decorative and installation accessories at everyday low prices. It appeals to a variety of customers including professional installers, commercial businesses, Do It Yourself (DIY) customers, and customers who buy the products for professional installation. Geographically, the group has a presence in the United States region and also offers its product through an e-commerce site.
Having examined the options trading patterns of Floor & Decor Hldgs, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of Floor & Decor Hldgs
- With a volume of 1,151,008, the price of FND is up 2.96% at $112.53.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 0 days.
Expert Opinions on Floor & Decor Hldgs
In the last month, 3 experts released ratings on this stock with an average target price of $115.0.
- Maintaining their stance, an analyst from Piper Sandler continues to hold a Neutral rating for Floor & Decor Hldgs, targeting a price of $115.
- An analyst from Evercore ISI Group has decided to maintain their In-Line rating on Floor & Decor Hldgs, which currently sits at a price target of $120.
- An analyst from Telsey Advisory Group persists with their Market Perform rating on Floor & Decor Hldgs, maintaining a target price of $110.
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 Floor & Decor Hldgs with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
