Financial giants have made a conspicuous bearish move on SolarEdge Technologies. Our analysis of options history for SolarEdge Technologies SEDG revealed 11 unusual trades.
Delving into the details, we found 36% of traders were bullish, while 63% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $237,480, and 7 were calls, valued at $345,840.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $19.0 and $30.0 for SolarEdge Technologies, spanning the last three months.
Insights into Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in SolarEdge Technologies's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to SolarEdge Technologies's substantial trades, within a strike price spectrum from $19.0 to $30.0 over the preceding 30 days.
SolarEdge Technologies Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SEDG | PUT | SWEEP | BULLISH | 09/27/24 | $1.7 | $1.47 | $1.47 | $19.00 | $113.8K | 20 | 774 |
| SEDG | CALL | SWEEP | BULLISH | 01/17/25 | $3.3 | $3.25 | $3.25 | $25.00 | $97.1K | 1.8K | 504 |
| SEDG | CALL | SWEEP | BULLISH | 06/20/25 | $7.1 | $7.0 | $7.1 | $20.00 | $66.7K | 165 | 110 |
| SEDG | PUT | SWEEP | BEARISH | 10/18/24 | $4.2 | $4.1 | $4.17 | $22.50 | $62.9K | 460 | 152 |
| SEDG | CALL | SWEEP | BEARISH | 01/17/25 | $3.25 | $3.2 | $3.25 | $25.00 | $55.5K | 1.8K | 176 |
About SolarEdge Technologies
SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers.
Having examined the options trading patterns of SolarEdge Technologies, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of SolarEdge Technologies
- Trading volume stands at 1,672,492, with SEDG's price up by 2.0%, positioned at $19.88.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 51 days.
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 SolarEdge Technologies, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
