Whales with a lot of money to spend have taken a noticeably bullish stance on Dollar Tree.
Looking at options history for Dollar Tree DLTR we detected 14 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 28% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $179,314 and 9, calls, for a total amount of $531,023.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $80.0 to $150.0 for Dollar Tree 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 Dollar Tree'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 Dollar Tree's whale activity within a strike price range from $80.0 to $150.0 in the last 30 days.
Dollar Tree Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DLTR | CALL | TRADE | BULLISH | 01/17/25 | $3.3 | $3.25 | $3.3 | $130.00 | $165.0K | 2.9K | 422 |
| DLTR | CALL | SWEEP | NEUTRAL | 01/17/25 | $2.0 | $1.9 | $1.9 | $140.00 | $108.1K | 788 | 402 |
| DLTR | PUT | TRADE | NEUTRAL | 01/17/25 | $2.39 | $2.05 | $2.23 | $80.00 | $55.7K | 1.1K | 3 |
| DLTR | CALL | TRADE | BULLISH | 01/17/25 | $1.05 | $0.9 | $1.05 | $150.00 | $52.5K | 284 | 400 |
| DLTR | CALL | TRADE | BEARISH | 01/17/25 | $14.75 | $14.55 | $14.55 | $100.00 | $50.9K | 52 | 42 |
About Dollar Tree
Dollar Tree operates discount stores across the United States and Canada, with over 8,400 shops under its namesake banner and 8,350 under Family Dollar. About 47% of Dollar Tree's sales in fiscal 2023 were composed of consumables (including food, health and beauty, and cleaning products), around 45% from variety items (including toys and homewares), and over 5% from seasonal items. The Dollar Tree banner sells most of its merchandise at the $1.25 price point and positions its stores in well-populated suburban markets. Conversely, Family Dollar primarily sells consumable merchandise (80% of the banner's sales) at prices below $10. About two-thirds of Family Dollar's stores are located in urban and suburban markets, with the remaining one-third located in rural areas.
Where Is Dollar Tree Standing Right Now?
- Currently trading with a volume of 5,639,443, the DLTR's price is down by -1.81%, now at $103.5.
- RSI readings suggest the stock is currently may be approaching oversold.
- Anticipated earnings release is in 57 days.
What The Experts Say On Dollar Tree
5 market experts have recently issued ratings for this stock, with a consensus target price of $143.6.
- Consistent in their evaluation, an analyst from Truist Securities keeps a Buy rating on Dollar Tree with a target price of $140.
- Maintaining their stance, an analyst from Piper Sandler continues to hold a Overweight rating for Dollar Tree, targeting a price of $143.
- An analyst from Wells Fargo persists with their Overweight rating on Dollar Tree, maintaining a target price of $160.
- An analyst from Telsey Advisory Group persists with their Outperform rating on Dollar Tree, maintaining a target price of $155.
- Reflecting concerns, an analyst from Citigroup lowers its rating to Neutral with a new price target of $120.
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 Dollar Tree options trades with real-time alerts from Benzinga Pro.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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