Deep-pocketed investors have adopted a bullish approach towards Skyworks Solutions SWKS, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in SWKS usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for Skyworks Solutions. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 75% leaning bullish and 12% bearish. Among these notable options, 6 are puts, totaling $339,007, and 2 are calls, amounting to $60,827.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $107.0 to $115.0 for Skyworks Solutions over the recent three months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Skyworks Solutions options trades today is 263.75 with a total volume of 164.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Skyworks Solutions's big money trades within a strike price range of $107.0 to $115.0 over the last 30 days.
Skyworks Solutions 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SWKS | PUT | SWEEP | NEUTRAL | 06/20/25 | $17.6 | $17.1 | $17.2 | $115.00 | $97.8K | 11 | 83 |
| SWKS | PUT | SWEEP | BEARISH | 06/20/25 | $17.2 | $17.0 | $17.2 | $115.00 | $60.0K | 11 | 83 |
| SWKS | PUT | SWEEP | BULLISH | 06/20/25 | $17.6 | $17.1 | $17.2 | $115.00 | $58.4K | 11 | 1 |
| SWKS | PUT | SWEEP | BULLISH | 06/20/25 | $17.6 | $17.1 | $17.2 | $115.00 | $42.9K | 11 | 83 |
| SWKS | PUT | SWEEP | BULLISH | 06/28/24 | $1.6 | $1.4 | $1.4 | $107.00 | $42.1K | 575 | 0 |
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.
After a thorough review of the options trading surrounding Skyworks Solutions, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of Skyworks Solutions
- With a trading volume of 922,852, the price of SWKS is down by -0.35%, reaching $106.01.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 42 days from now.
What Analysts Are Saying About Skyworks Solutions
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $130.0.
- An analyst from B. Riley Securities has elevated its stance to Buy, setting a new price target at $130.
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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