High-rolling investors have positioned themselves bullish on Liberty SiriusXM Gr LSXMK, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in LSXMK often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 11 options trades for Liberty SiriusXM Gr. This is not a typical pattern.
The sentiment among these major traders is split, with 54% bullish and 45% bearish. Among all the options we identified, there was one put, amounting to $28,860, and 10 calls, totaling $507,474.
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 $20.0 to $28.0 for Liberty SiriusXM Gr during the past quarter.
Insights into Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Liberty SiriusXM Gr's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Liberty SiriusXM Gr's significant trades, within a strike price range of $20.0 to $28.0, over the past month.
Liberty SiriusXM Gr 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LSXMK | CALL | SWEEP | BULLISH | 09/20/24 | $1.8 | $1.6 | $1.77 | $23.00 | $106.6K | 2.6K | 635 |
| LSXMK | CALL | SWEEP | BULLISH | 09/20/24 | $1.8 | $1.6 | $1.8 | $23.00 | $72.8K | 2.6K | 1.2K |
| LSXMK | CALL | SWEEP | BULLISH | 09/20/24 | $1.2 | $0.9 | $0.95 | $25.00 | $66.0K | 4.9K | 2.2K |
| LSXMK | CALL | SWEEP | BULLISH | 09/20/24 | $1.0 | $0.95 | $1.0 | $25.00 | $57.0K | 4.9K | 921 |
| LSXMK | CALL | SWEEP | BULLISH | 09/20/24 | $0.95 | $0.9 | $0.95 | $25.00 | $51.3K | 4.9K | 2.2K |
About Liberty SiriusXM Gr
Liberty SiriusXM Group through its subsidiary holding is engaged in providing a subscription-based satellite radio service. It transmits music, sports, entertainment, comedy, talk, news, traffic, and weather channels, as well as infotainment services. The firm's segments include Sirius XM Holdings, Formula 1, and Braves Group. The company distributes its satellite radios through automakers and rental car companies, as well as through its retail locations and Website; and satellite radio services to various automaker customers. Geographically it offers services in the region of the US and UK.
Present Market Standing of Liberty SiriusXM Gr
- Currently trading with a volume of 871,014, the LSXMK's price is down by -0.75%, now at $22.6.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 14 days.
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 Liberty SiriusXM Gr with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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