What the Options Market Tells Us About Wayfair

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Whales with a lot of money to spend have taken a noticeably bullish stance on Wayfair.

Looking at options history for Wayfair W we detected 8 trades.

If we consider the specifics of each trade, it is accurate to state that 62% of the investors opened trades with bullish expectations and 37% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $686,400 and 3, calls, for a total amount of $123,605.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $35.0 to $65.0 for Wayfair over the recent three months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Wayfair options trades today is 640.71 with a total volume of 126.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Wayfair's big money trades within a strike price range of $35.0 to $65.0 over the last 30 days.

Wayfair 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
W PUT SWEEP BEARISH 01/17/25 $18.55 $18.3 $18.47 $65.00 $258.5K 759 0
W PUT TRADE BULLISH 02/21/25 $6.9 $6.6 $6.7 $45.00 $234.5K 0 0
W PUT TRADE BULLISH 11/15/24 $7.55 $7.5 $7.5 $50.00 $105.0K 2.1K 0
W PUT TRADE BEARISH 06/20/25 $20.95 $20.65 $20.85 $65.00 $45.8K 450 0
W CALL SWEEP BULLISH 01/17/25 $15.1 $14.9 $15.1 $40.00 $45.3K 863 48

About Wayfair

Wayfair engages in e-commerce in the United States (87% of 2023 sales), Canada, the United Kingdom, Germany, and Ireland. At the end of 2023, the firm offered more than 30 million products from more than 20,000 suppliers under the brands Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold. Its offerings include furniture, everyday and seasonal decor, decorative accents, housewares, and other home goods. Wayfair was founded in 2002 and began trading publicly in 2014.

In light of the recent options history for Wayfair, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Wayfair's Current Market Status

  • With a volume of 3,043,250, the price of W is up 0.03% at $50.99.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 37 days.

What The Experts Say On Wayfair

1 market experts have recently issued ratings for this stock, with a consensus target price of $50.0.

  • An analyst from Loop Capital persists with their Hold rating on Wayfair, maintaining a target price of $50.

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 Wayfair 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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