Investors with a lot of money to spend have taken a bullish stance on FTAI Aviation FTAI.
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 FTAI, 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 8 uncommon options trades for FTAI Aviation.
This isn't normal.
The overall sentiment of these big-money traders is split between 75% bullish and 12%, bearish.
Out of all of the special options we uncovered, 4 are puts, for a total amount of $261,250, and 4 are calls, for a total amount of $170,270.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $70.0 to $100.0 for FTAI Aviation during the past quarter.
Analyzing Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for FTAI Aviation'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 FTAI Aviation's whale trades within a strike price range from $70.0 to $100.0 in the last 30 days.
FTAI Aviation Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| FTAI | PUT | TRADE | BULLISH | 08/16/24 | $4.1 | $3.8 | $3.9 | $85.00 | $156.0K | 162 | 100 |
| FTAI | CALL | SWEEP | BULLISH | 07/19/24 | $5.4 | $5.3 | $5.3 | $90.00 | $53.0K | 453 | 156 |
| FTAI | CALL | SWEEP | NEUTRAL | 07/19/24 | $4.7 | $4.5 | $4.61 | $90.00 | $46.1K | 453 | 42 |
| FTAI | CALL | SWEEP | BULLISH | 07/19/24 | $2.25 | $2.1 | $2.15 | $100.00 | $42.5K | 63 | 21 |
| FTAI | PUT | TRADE | BULLISH | 07/19/24 | $3.7 | $3.5 | $3.5 | $90.00 | $40.2K | 18 | 12 |
About FTAI Aviation
FTAI Aviation Ltd is a aerospace company .It owns and maintains commercial jet engines with a focus on CFM56 engines. FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. It invests in aviation assets and aerospace products that generate strong and stable cash flows with the potential for earnings growth and asset appreciation.
After a thorough review of the options trading surrounding FTAI Aviation, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is FTAI Aviation Standing Right Now?
- Trading volume stands at 1,408,301, with FTAI's price up by 4.79%, positioned at $93.68.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 36 days.
Professional Analyst Ratings for FTAI Aviation
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $99.0.
- An analyst from Benchmark downgraded its action to Buy with a price target of $100.
- In a cautious move, an analyst from Benchmark downgraded its rating to Buy, setting a price target of $100.
- An analyst from Deutsche Bank persists with their Buy rating on FTAI Aviation, maintaining a target price of $90.
- An analyst from Morgan Stanley has decided to maintain their Overweight rating on FTAI Aviation, which currently sits at a price target of $105.
- In a cautious move, an analyst from Benchmark downgraded its rating to Buy, setting a price target of $100.
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 FTAI Aviation 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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