Financial giants have made a conspicuous bullish move on Dick's Sporting Goods. Our analysis of options history for Dick's Sporting Goods DKS revealed 9 unusual trades.
Delving into the details, we found 55% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $1,118,901, and 3 were calls, valued at $779,250.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $180.0 and $250.0 for Dick's Sporting Goods, spanning the last three months.
Insights into Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Dick's Sporting Goods'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 Dick's Sporting Goods's whale trades within a strike price range from $180.0 to $250.0 in the last 30 days.
Dick's Sporting Goods Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DKS | PUT | TRADE | BULLISH | 01/17/25 | $16.7 | $15.4 | $15.9 | $190.00 | $795.0K | 100 | 0 |
| DKS | CALL | TRADE | BEARISH | 07/19/24 | $1.55 | $1.35 | $1.35 | $210.00 | $297.0K | 460 | 2.1K |
| DKS | CALL | TRADE | BEARISH | 07/19/24 | $1.55 | $1.35 | $1.35 | $210.00 | $283.5K | 460 | 53 |
| DKS | CALL | TRADE | BULLISH | 07/19/24 | $2.65 | $2.45 | $2.65 | $205.00 | $198.7K | 14 | 5 |
| DKS | PUT | SWEEP | BEARISH | 03/21/25 | $15.3 | $14.6 | $15.3 | $180.00 | $168.3K | 43 | 0 |
About Dick's Sporting Goods
Dick's Sporting Goods retails athletic apparel, footwear, and equipment for sports. Dick's operates digital platforms, about 725 stores under its namesake brand (including outlet stores and House of Sport), and about 130 specialty stores under the Golf Galaxy and Public Lands nameplates. Dick's carries private-label merchandise and national brands such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chairman and controlling shareholder Edward Stack.
Present Market Standing of Dick's Sporting Goods
- With a trading volume of 1,189,335, the price of DKS is down by -2.07%, reaching $198.2.
- Current RSI values indicate that the stock is may be approaching oversold.
- Next earnings report is scheduled for 49 days from now.
What Analysts Are Saying About Dick's Sporting Goods
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $230.0.
- In a cautious move, an analyst from Wedbush downgraded its rating to Neutral, setting a price target of $230.
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 Dick's Sporting Goods 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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