Investors with a lot of money to spend have taken a bullish stance on ASML Holding ASML.
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 ASML, 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 27 uncommon options trades for ASML Holding.
This isn't normal.
The overall sentiment of these big-money traders is split between 48% bullish and 33%, bearish.
Out of all of the special options we uncovered, 13 are puts, for a total amount of $711,280, and 14 are calls, for a total amount of $809,653.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $610.0 and $1580.0 for ASML Holding, spanning the last three months.
Analyzing Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in ASML Holding's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to ASML Holding's substantial trades, within a strike price spectrum from $610.0 to $1580.0 over the preceding 30 days.
ASML Holding Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASML | CALL | TRADE | BULLISH | 01/17/25 | $163.9 | $159.3 | $163.9 | $960.00 | $196.6K | 199 | 0 |
| ASML | CALL | TRADE | NEUTRAL | 07/12/24 | $67.9 | $60.9 | $64.2 | $980.00 | $128.4K | 2 | 0 |
| ASML | PUT | TRADE | BEARISH | 09/20/24 | $93.9 | $92.8 | $93.9 | $1070.00 | $122.0K | 52 | 0 |
| ASML | PUT | TRADE | BULLISH | 07/19/24 | $96.7 | $95.9 | $95.9 | $1110.00 | $115.0K | 20 | 0 |
| ASML | CALL | TRADE | BEARISH | 01/17/25 | $425.7 | $418.0 | $420.0 | $620.00 | $84.0K | 74 | 0 |
About ASML Holding
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's main clients are TSMC, Samsung, and Intel.
In light of the recent options history for ASML Holding, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is ASML Holding Standing Right Now?
- Currently trading with a volume of 303,633, the ASML's price is down by -2.02%, now at $1015.63.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 23 days.
Expert Opinions on ASML Holding
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $1185.0.
- Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on ASML Holding with a target price of $1185.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for ASML Holding with Benzinga Pro for real-time alerts.
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