NXP Semiconductors Options Trading: A Deep Dive into Market Sentiment

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Investors with a lot of money to spend have taken a bullish stance on NXP Semiconductors NXPI.

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 this is an institution or just a wealthy individual, we don't know. But when something this big happens with NXPI, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 8 options trades for NXP Semiconductors.

This isn't normal.

The overall sentiment of these big-money traders is split between 50% bullish and 25%, bearish.

Out of all of the options we uncovered, 7 are puts, for a total amount of $535,560, and there was 1 call, for a total amount of $25,100.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $260.0 to $310.0 for NXP Semiconductors over the recent three months.

Volume & Open Interest Trends

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 NXP Semiconductors'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 NXP Semiconductors's whale activity within a strike price range from $260.0 to $310.0 in the last 30 days.

NXP Semiconductors Call and Put Volume: 30-Day Overview

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
NXPI PUT TRADE BEARISH 06/28/24 $1.35 $1.1 $1.25 $260.00 $187.2K 1.8K 16
NXPI PUT TRADE BULLISH 01/17/25 $32.4 $31.5 $31.5 $280.00 $157.5K 138 0
NXPI PUT SWEEP BULLISH 06/20/25 $36.2 $35.3 $35.4 $280.00 $77.8K 72 57
NXPI PUT TRADE NEUTRAL 06/28/24 $18.8 $17.0 $18.07 $287.50 $30.7K 0 3
NXPI PUT TRADE BULLISH 06/20/25 $36.7 $35.9 $35.9 $280.00 $28.7K 72 155

About NXP Semiconductors

NXP Semiconductors is a leading supplier of high-performance mixed-signal products. The firm acquired Freescale Semiconductor in 2015 and now has significant market share in the automotive market, where it supplies microcontrollers and analog chips into automotive clusters, powertrains, infotainment systems, and radars. NXP Semiconductors also serves industrial and Internet of Things, mobile, and communications infrastructure.

Following our analysis of the options activities associated with NXP Semiconductors, we pivot to a closer look at the company's own performance.

Current Position of NXP Semiconductors

  • With a volume of 1,214,634, the price of NXPI is up 2.49% at $271.26.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 31 days.

Professional Analyst Ratings for NXP Semiconductors

2 market experts have recently issued ratings for this stock, with a consensus target price of $325.0.

  • In a positive move, an analyst from Mizuho has upgraded their rating to Buy and adjusted the price target to $325.
  • Showing optimism, an analyst from Mizuho upgrades its rating to Buy with a revised price target of $325.

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 NXP Semiconductors options trades with real-time alerts from Benzinga Pro.

Market News and Data brought to you by Benzinga APIs
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Posted In: OptionsMarketsBZI-UOA
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