Whales with a lot of money to spend have taken a noticeably bullish stance on Celsius Holdings.
Looking at options history for Celsius Holdings CELH we detected 24 trades.
If we consider the specifics of each trade, it is accurate to state that 45% of the investors opened trades with bullish expectations and 37% with bearish.
From the overall spotted trades, 7 are puts, for a total amount of $470,172 and 17, calls, for a total amount of $739,971.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $40.0 to $85.0 for Celsius Holdings during the past quarter.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Celsius Holdings options trades today is 1843.92 with a total volume of 9,173.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Celsius Holdings's big money trades within a strike price range of $40.0 to $85.0 over the last 30 days.
Celsius Holdings Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CELH | PUT | TRADE | BEARISH | 06/07/24 | $1.76 | $1.2 | $1.76 | $77.00 | $174.9K | 169 | 1.1K |
| CELH | PUT | SWEEP | BULLISH | 06/07/24 | $1.54 | $1.46 | $1.46 | $77.00 | $86.5K | 169 | 365 |
| CELH | PUT | SWEEP | NEUTRAL | 06/07/24 | $1.53 | $1.36 | $1.53 | $77.00 | $65.2K | 169 | 1.0K |
| CELH | CALL | TRADE | BEARISH | 03/21/25 | $32.4 | $32.0 | $32.0 | $50.00 | $64.0K | 0 | 20 |
| CELH | CALL | TRADE | BULLISH | 01/16/26 | $27.1 | $26.05 | $27.1 | $70.00 | $54.2K | 521 | 0 |
About Celsius Holdings
Celsius Holdings plays in the energy drink subsegment of the global nonalcoholic beverage market, with 96% of revenue concentrated in North America. Celsius' products contain natural ingredients and a metabolism-enhancing formulation, appealing to fitness and active lifestyle enthusiasts. The firm's portfolio includes its namesake Celsius Originals beverages (including those that are naturally caffeinated with stevia), Celsius Essentials line (containing aminos), and Celsius On-the-Go powder packets. Celsius focuses its time on branding and innovation, while it utilizes third parties for the manufacturing, packaging, and distribution of its products. In 2022, Celsius forged a 20-year distribution agreement with PepsiCo, which holds an 8.5% stake in the business.
Following our analysis of the options activities associated with Celsius Holdings, we pivot to a closer look at the company's own performance.
Current Position of Celsius Holdings
- With a volume of 4,062,982, the price of CELH is down -6.41% at $74.85.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 64 days.
What Analysts Are Saying About Celsius Holdings
4 market experts have recently issued ratings for this stock, with a consensus target price of $84.0.
- Maintaining their stance, an analyst from UBS continues to hold a Buy rating for Celsius Holdings, targeting a price of $92.
- Maintaining their stance, an analyst from B of A Securities continues to hold a Neutral rating for Celsius Holdings, targeting a price of $84.
- An analyst from Wedbush has decided to maintain their Outperform rating on Celsius Holdings, which currently sits at a price target of $85.
- In a cautious move, an analyst from Morgan Stanley downgraded its rating to Equal-Weight, setting a price target of $75.
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 Celsius Holdings, 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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