What the Options Market Tells Us About Teradyne

Financial giants have made a conspicuous bearish move on Teradyne. Our analysis of options history for Teradyne TER revealed 8 unusual trades.

Delving into the details, we found 37% of traders were bullish, while 62% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $50,200, and 6 were calls, valued at $743,923.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $150.0 to $170.0 for Teradyne over the last 3 months.

Volume & Open Interest Development

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 Teradyne'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 Teradyne's whale activity within a strike price range from $150.0 to $170.0 in the last 30 days.

Teradyne 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

About Teradyne

Teradyne provides testing equipment, including automated test equipment for semiconductors, system testing for hard disk drives, circuit boards, and electronics systems and wireless testing for devices. The firm entered the industrial automation market in 2015, into which it sells collaborative and autonomous robots for factory applications. Teradyne serves numerous end markets and geographies directly and indirectly with its products, but its most significant exposure is to semiconductor testing. Teradyne serves vertically integrated, fabless, and foundry chipmakers with its equipment.

In light of the recent options history for Teradyne, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Where Is Teradyne Standing Right Now?

• With a trading volume of 484,082, the price of TER is down by -1.43%, reaching $147.38.
• Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
• Next earnings report is scheduled for 5 days from now.

What The Experts Say On Teradyne

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $166.2.

• An analyst from Cantor Fitzgerald has decided to maintain their Neutral rating on Teradyne, which currently sits at a price target of $180.
• Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for Teradyne, targeting a price of $185.
• An analyst from Stifel has decided to maintain their Hold rating on Teradyne, which currently sits at a price target of $150.
• In a cautious move, an analyst from Northland Capital Markets downgraded its rating to Market Perform, setting a price target of $136.
• An analyst from Keybanc persists with their Overweight rating on Teradyne, maintaining a target price of $180.

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 Teradyne, Benzinga Pro gives you real-time options trades alerts.