Financial giants have made a conspicuous bearish move on Floor & Decor Hldgs. Our analysis of options history for Floor & Decor Hldgs FND revealed 8 unusual trades.
Delving into the details, we found 37% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $296,167, and 2 were calls, valued at $105,998.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $110.0 to $160.0 for Floor & Decor Hldgs over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Floor & Decor Hldgs's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Floor & Decor Hldgs's whale trades within a strike price range from $110.0 to $160.0 in the last 30 days.
Floor & Decor Hldgs Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| FND | CALL | SWEEP | NEUTRAL | 01/17/25 | $4.3 | $4.2 | $4.2 | $160.00 | $77.2K | 328 | 70 |
| FND | PUT | SWEEP | BEARISH | 05/17/24 | $1.25 | $1.1 | $1.2 | $110.00 | $60.0K | 1.0K | 642 |
| FND | PUT | SWEEP | BEARISH | 05/17/24 | $1.2 | $0.95 | $1.2 | $110.00 | $60.0K | 1.0K | 2 |
| FND | PUT | SWEEP | BULLISH | 08/16/24 | $8.9 | $8.8 | $8.9 | $115.00 | $59.0K | 2.0K | 71 |
| FND | PUT | TRADE | BULLISH | 07/19/24 | $13.8 | $8.8 | $9.46 | $120.00 | $47.3K | 79 | 0 |
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
Floor & Decor Hldgs's Current Market Status
- With a trading volume of 401,291, the price of FND is down by -2.03%, reaching $114.54.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 85 days from now.
What The Experts Say On Floor & Decor Hldgs
5 market experts have recently issued ratings for this stock, with a consensus target price of $118.0.
- An analyst from Wedbush has revised its rating downward to Outperform, adjusting the price target to $125.
- An analyst from UBS persists with their Neutral rating on Floor & Decor Hldgs, maintaining a target price of $125.
- Consistent in their evaluation, an analyst from Piper Sandler keeps a Neutral rating on Floor & Decor Hldgs with a target price of $115.
- Consistent in their evaluation, an analyst from Evercore ISI Group keeps a In-Line rating on Floor & Decor Hldgs with a target price of $115.
- Consistent in their evaluation, an analyst from Telsey Advisory Group keeps a Market Perform rating on Floor & Decor Hldgs with a target price of $110.
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 Floor & Decor Hldgs, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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