Benzinga's options scanner has just identified more than 11 option transactions on American Express AXP, with a cumulative value of $1,053,955. Concurrently, our algorithms picked up 3 puts, worth a total of 266,435.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $200.0 to $260.0 for American Express over the recent three months.
Analyzing Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for American Express's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across American Express's significant trades, within a strike price range of $200.0 to $260.0, over the past month.
American Express Option Activity Analysis: 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AXP | CALL | TRADE | BULLISH | 06/20/25 | $20.8 | $19.8 | $20.75 | $260.00 | $622.5K | 5.7K | 340 |
| AXP | PUT | TRADE | BULLISH | 01/17/25 | $13.05 | $13.0 | $13.0 | $230.00 | $130.0K | 1.4K | 100 |
| AXP | PUT | SWEEP | BULLISH | 07/19/24 | $5.15 | $5.05 | $5.05 | $230.00 | $102.5K | 720 | 220 |
| AXP | CALL | TRADE | BULLISH | 01/16/26 | $39.2 | $38.45 | $38.9 | $240.00 | $38.9K | 7.9K | 12 |
| AXP | CALL | TRADE | BULLISH | 01/16/26 | $34.2 | $33.75 | $34.2 | $250.00 | $34.2K | 246 | 20 |
About American Express
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.
Following our analysis of the options activities associated with American Express, we pivot to a closer look at the company's own performance.
Present Market Standing of American Express
- Currently trading with a volume of 2,320,276, the AXP's price is up by 0.97%, now at $238.53.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 71 days.
What Analysts Are Saying About American Express
5 market experts have recently issued ratings for this stock, with a consensus target price of $240.4.
- Consistent in their evaluation, an analyst from RBC Capital keeps a Outperform rating on American Express with a target price of $263.
- An analyst from Baird has decided to maintain their Underperform rating on American Express, which currently sits at a price target of $205.
- Maintaining their stance, an analyst from Evercore ISI Group continues to hold a In-Line rating for American Express, targeting a price of $255.
- An analyst from RBC Capital has decided to maintain their Outperform rating on American Express, which currently sits at a price target of $253.
- An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on American Express, which currently sits at a price target of $226.
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 American Express with Benzinga Pro for real-time alerts.
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