Investors with a lot of money to spend have taken a bullish stance on Arbor Realty Trust ABR.
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 ABR, 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 Arbor Realty Trust.
This isn't normal.
The overall sentiment of these big-money traders is split between 62% bullish and 37%, bearish.
Out of all of the special options we uncovered, 4 are puts, for a total amount of $1,972,190, and 4 are calls, for a total amount of $221,650.
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 $7.5 to $15.0 for Arbor Realty Trust over the last 3 months.
Volume & Open Interest Trends
In today's trading context, the average open interest for options of Arbor Realty Trust stands at 5895.2, with a total volume reaching 11,199.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Arbor Realty Trust, situated within the strike price corridor from $7.5 to $15.0, throughout the last 30 days.
Arbor Realty Trust 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
ABR | PUT | SWEEP | BEARISH | 09/20/24 | $1.0 | $0.85 | $0.95 | $15.00 | $946.0K | 324 | 10.2K |
ABR | PUT | TRADE | BULLISH | 09/20/24 | $1.0 | $0.85 | $0.85 | $15.00 | $850.0K | 324 | 201 |
ABR | PUT | SWEEP | BULLISH | 01/17/25 | $0.35 | $0.3 | $0.3 | $7.50 | $149.9K | 25.4K | 282 |
ABR | CALL | TRADE | BULLISH | 10/18/24 | $3.5 | $3.4 | $3.5 | $12.00 | $127.4K | 743 | 136 |
ABR | CALL | TRADE | BULLISH | 10/18/24 | $3.5 | $3.4 | $3.5 | $12.00 | $35.0K | 743 | 36 |
About Arbor Realty Trust
Arbor Realty Trust Inc is a specialized real estate finance company. It invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets, consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred, and direct equity. In addition, it may also directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. The company has two business segments, Structured Business and Agency Business. It generates a majority of its revenue from the Structured Business Segment. The company is externally managed and advised by Arbor Commercial Mortgage, LLC.
Present Market Standing of Arbor Realty Trust
- With a volume of 3,191,775, the price of ABR is up 2.85% at $15.52.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 15 days.
Expert Opinions on Arbor Realty Trust
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $15.0.
- Maintaining their stance, an analyst from JMP Securities continues to hold a Market Outperform rating for Arbor Realty Trust, targeting a price of $16.
- An analyst from Keefe, Bruyette & Woods persists with their Market Perform rating on Arbor Realty Trust, maintaining a target price of $14.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Arbor Realty Trust, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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