Whales with a lot of money to spend have taken a noticeably bullish stance on W.W. Grainger.
Looking at options history for W.W. Grainger GWW we detected 14 trades.
If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 35% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $443,009 and 12, calls, for a total amount of $1,136,484.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $870.0 to $970.0 for W.W. Grainger during the past quarter.
Volume & Open Interest Development
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for W.W. Grainger's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across W.W. Grainger's significant trades, within a strike price range of $870.0 to $970.0, over the past month.
W.W. Grainger Option Volume And Open Interest Over 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GWW | CALL | SWEEP | BEARISH | 08/16/24 | $34.6 | $30.3 | $30.3 | $920.00 | $339.3K | 268 | 295 |
| GWW | PUT | SWEEP | NEUTRAL | 11/15/24 | $60.4 | $60.2 | $60.4 | $960.00 | $247.6K | 16 | 0 |
| GWW | CALL | SWEEP | BULLISH | 07/19/24 | $21.8 | $18.7 | $21.9 | $910.00 | $245.2K | 460 | 1 |
| GWW | CALL | SWEEP | BEARISH | 01/17/25 | $57.2 | $57.1 | $57.2 | $940.00 | $200.2K | 0 | 0 |
| GWW | PUT | SWEEP | BULLISH | 11/15/24 | $51.4 | $49.2 | $51.4 | $940.00 | $195.3K | 3 | 0 |
About W.W. Grainger
W.W. Grainger distributes approximately 1.5 million maintenance, repair, and operating products that are sourced from over 4,500 suppliers. The company serves roughly 5 million customers through its online and electronic purchasing platforms, vending machines, catalog distribution, and network of over 300 global branches. In recent years, Grainger has invested in its e-commerce capabilities and is the 11th-largest e-retailer in North America.
Where Is W.W. Grainger Standing Right Now?
- With a trading volume of 241,384, the price of GWW is down by 0.0%, reaching $904.09.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 20 days from now.
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 W.W. Grainger 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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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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