Investors with a lot of money to spend have taken a bullish stance on Celsius Holdings CELH.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CELH, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 28 uncommon options trades for Celsius Holdings.
This isn't normal.
The overall sentiment of these big-money traders is split between 50% bullish and 42%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $101,410, and 25 are calls, for a total amount of $810,536.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $60.0 and $96.67 for Celsius Holdings, spanning the last three months.
Insights into 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 Celsius Holdings's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Celsius Holdings's significant trades, within a strike price range of $60.0 to $96.67, over the past month.
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 | CALL | SWEEP | BEARISH | 01/16/26 | $22.3 | $21.0 | $21.0 | $60.00 | $60.9K | 363 | 0 |
| CELH | CALL | SWEEP | BEARISH | 07/19/24 | $3.4 | $3.35 | $3.35 | $65.00 | $50.2K | 3.0K | 2 |
| CELH | PUT | TRADE | BEARISH | 01/17/25 | $36.9 | $36.75 | $36.9 | $96.67 | $47.9K | 169 | 0 |
| CELH | CALL | SWEEP | BEARISH | 07/19/24 | $3.4 | $3.35 | $3.35 | $65.00 | $46.2K | 3.0K | 669 |
| CELH | CALL | SWEEP | BEARISH | 07/12/24 | $0.72 | $0.69 | $0.69 | $75.00 | $36.9K | 131 | 203 |
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 dedicates its efforts to 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.
Having examined the options trading patterns of Celsius Holdings, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of Celsius Holdings
- Trading volume stands at 2,994,207, with CELH's price down by -1.84%, positioned at $60.91.
- RSI indicators show the stock to be may be oversold.
- Earnings announcement expected in 53 days.
Expert Opinions on Celsius Holdings
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $82.0.
- An analyst from Morgan Stanley persists with their Equal-Weight rating on Celsius Holdings, maintaining a target price of $68.
- An analyst from B of A Securities persists with their Neutral rating on Celsius Holdings, maintaining a target price of $84.
- An analyst from Jefferies has decided to maintain their Buy rating on Celsius Holdings, which currently sits at a price target of $98.
- Consistent in their evaluation, an analyst from Morgan Stanley keeps a Equal-Weight rating on Celsius Holdings with a target price of $75.
- An analyst from Stifel has decided to maintain their Buy rating on Celsius Holdings, which currently sits at a price target of $85.
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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