Financial giants have made a conspicuous bearish move on KE Holdings. Our analysis of options history for KE Holdings BEKE revealed 8 unusual trades.
Delving into the details, we found 25% of traders were bullish, while 75% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $122,574, and 6 were calls, valued at $393,049.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $14.85 to $22.5 for KE Holdings during the past quarter.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for KE Holdings options trades today is 1622.83 with a total volume of 5,409.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for KE Holdings's big money trades within a strike price range of $14.85 to $22.5 over the last 30 days.
KE Holdings Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BEKE | CALL | SWEEP | BEARISH | 11/15/24 | $0.82 | $0.72 | $0.72 | $22.50 | $142.9K | 166 | 633 |
| BEKE | CALL | SWEEP | BEARISH | 01/17/25 | $1.04 | $1.03 | $1.03 | $22.35 | $125.2K | 1.7K | 3.3K |
| BEKE | PUT | SWEEP | BULLISH | 11/15/24 | $4.45 | $4.3 | $4.3 | $20.00 | $90.3K | 704 | 0 |
| BEKE | CALL | SWEEP | BEARISH | 01/17/25 | $1.06 | $1.05 | $1.06 | $22.35 | $39.0K | 1.7K | 675 |
| BEKE | PUT | SWEEP | BEARISH | 06/21/24 | $0.33 | $0.32 | $0.33 | $14.85 | $32.2K | 3.2K | 100 |
About KE Holdings
KE Holdings, or Beike, is a large residential real estate sales and rental brokerage company in China. Founded in 2001, the company operates through self-owned Lianjia stores in Beijing and Shanghai and connected third-party agencies including franchise brand Deyou in other cities, with commissions charged on existing home and new home transactions. Leveraging an online-offline hybrid model, Beike also attract clients through its namesake online marketplace. The company tapped into home renovation services by acquiring Shengdu Home Decoration in 2022. As at the end of 2023, Beike's cofounders collectively control the company, while Tencent and its affiliates share 8% of voting power.
Having examined the options trading patterns of KE Holdings, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Current Position of KE Holdings
- Currently trading with a volume of 3,637,395, the BEKE's price is down by -2.36%, now at $16.36.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 12 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 KE Holdings options trades with real-time alerts from Benzinga Pro.
© 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.
