Financial giants have made a conspicuous bearish move on Skyworks Solutions. Our analysis of options history for Skyworks Solutions SWKS revealed 14 unusual trades.
Delving into the details, we found 21% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $172,084, and 9 were calls, valued at $775,440.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $85.0 to $115.0 for Skyworks Solutions over the last 3 months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Skyworks Solutions'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 Skyworks Solutions's whale activity within a strike price range from $85.0 to $115.0 in the last 30 days.
Skyworks Solutions 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SWKS | CALL | TRADE | BEARISH | 08/16/24 | $22.0 | $21.5 | $21.7 | $85.00 | $212.6K | 11 | 2 |
| SWKS | CALL | TRADE | BULLISH | 07/19/24 | $7.5 | $7.4 | $7.5 | $100.00 | $150.0K | 1.2K | 0 |
| SWKS | CALL | TRADE | NEUTRAL | 06/21/24 | $5.1 | $4.4 | $4.7 | $100.00 | $94.0K | 2.0K | 0 |
| SWKS | CALL | TRADE | NEUTRAL | 01/17/25 | $7.9 | $7.5 | $7.7 | $115.00 | $77.0K | 551 | 1 |
| SWKS | CALL | SWEEP | BEARISH | 06/14/24 | $14.0 | $13.7 | $13.7 | $92.00 | $68.5K | 175 | 1 |
About Skyworks Solutions
Skyworks Solutions produces semiconductors for wireless handsets and other devices that are used to enable wireless connectivity. Its main products include power amplifiers, filters, switches, and integrated front-end modules that support wireless transmissions. Skyworks' customers are mostly large smartphone manufacturers, but the firm also has a growing presence in nonhandset applications such as wireless routers, medical devices, and automobiles.
Where Is Skyworks Solutions Standing Right Now?
- With a trading volume of 2,035,465, the price of SWKS is up by 2.97%, reaching $105.69.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 53 days from now.
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 Skyworks Solutions options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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