High-rolling investors have positioned themselves bullish on FTAI Aviation FTAI, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in FTAI often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 17 options trades for FTAI Aviation. This is not a typical pattern.
The sentiment among these major traders is split, with 47% bullish and 29% bearish. Among all the options we identified, there was one put, amounting to $37,700, and 16 calls, totaling $1,454,332.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $75.0 to $125.0 for FTAI Aviation over the last 3 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 FTAI Aviation's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to FTAI Aviation's substantial trades, within a strike price spectrum from $75.0 to $125.0 over the preceding 30 days.
FTAI Aviation 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| FTAI | CALL | TRADE | BEARISH | 07/19/24 | $23.0 | $21.1 | $21.55 | $75.00 | $538.7K | 988 | 0 |
| FTAI | CALL | SWEEP | BULLISH | 07/19/24 | $5.5 | $5.1 | $5.4 | $95.00 | $197.1K | 3.5K | 1.4K |
| FTAI | CALL | SWEEP | BULLISH | 07/19/24 | $24.3 | $24.0 | $24.3 | $75.00 | $153.0K | 988 | 250 |
| FTAI | CALL | SWEEP | BULLISH | 07/19/24 | $3.6 | $3.4 | $3.6 | $100.00 | $72.0K | 382 | 1.2K |
| FTAI | CALL | SWEEP | NEUTRAL | 07/19/24 | $12.2 | $11.0 | $11.92 | $85.00 | $60.0K | 300 | 6 |
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.
Following our analysis of the options activities associated with FTAI Aviation, we pivot to a closer look at the company's own performance.
Present Market Standing of FTAI Aviation
- Currently trading with a volume of 763,492, the FTAI's price is up by 8.14%, now at $98.93.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 28 days.
What The Experts Say On FTAI Aviation
In the last month, 5 experts released ratings on this stock with an average target price of $98.8.
- Reflecting concerns, an analyst from Benchmark lowers its rating to Buy with a new price target of $100.
- Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on FTAI Aviation with a target price of $105.
- An analyst from Benchmark downgraded its action to Buy with a price target of $100.
- Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on FTAI Aviation with a target price of $99.
- Consistent in their evaluation, an analyst from Deutsche Bank keeps a Buy rating on FTAI Aviation with a target price of $90.
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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