Investors with a lot of money to spend have taken a bearish stance on United Parcel Service UPS.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with UPS, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 8 uncommon options trades for United Parcel Service.
This isn't normal.
The overall sentiment of these big-money traders is split between 37% bullish and 62%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $314,320, and 5 are calls, for a total amount of $237,475.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $115.0 to $145.0 for United Parcel Service over the last 3 months.
Insights into Volume & Open Interest
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 United Parcel Service'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 United Parcel Service's whale activity within a strike price range from $115.0 to $145.0 in the last 30 days.
United Parcel Service Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UPS | PUT | TRADE | BULLISH | 06/20/25 | $8.9 | $8.6 | $8.6 | $125.00 | $129.0K | 531 | 0 |
| UPS | PUT | TRADE | BEARISH | 01/16/26 | $12.15 | $10.7 | $11.7 | $125.00 | $117.0K | 569 | 0 |
| UPS | PUT | SWEEP | BEARISH | 06/20/25 | $5.6 | $5.55 | $5.6 | $115.00 | $68.3K | 300 | 0 |
| UPS | CALL | SWEEP | BEARISH | 07/05/24 | $1.49 | $1.07 | $1.07 | $135.00 | $60.7K | 1.7K | 22 |
| UPS | CALL | SWEEP | BEARISH | 07/05/24 | $1.49 | $1.07 | $1.15 | $135.00 | $59.8K | 1.7K | 22 |
About United Parcel Service
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 22 million packages per day to residences and businesses across the globe. UPS' domestic US package operations generate around 64% of total revenue while international package makes up 20%. Air and ocean freight forwarding, truckload brokerage, and contract logistics make up the remainder. UPS is currently pursuing "strategic alternatives" for its truck brokerage unit, Coyote, which it acquired in 2015.
After a thorough review of the options trading surrounding United Parcel Service, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
United Parcel Service's Current Market Status
- With a trading volume of 1,538,840, the price of UPS is up by 0.27%, reaching $135.28.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 20 days from now.
Professional Analyst Ratings for United Parcel Service
2 market experts have recently issued ratings for this stock, with a consensus target price of $150.5.
- An analyst from Wells Fargo has revised its rating downward to Overweight, adjusting the price target to $156.
- Consistent in their evaluation, an analyst from Evercore ISI Group keeps a In-Line rating on United Parcel Service with a target price of $145.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for United Parcel Service with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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