Whales with a lot of money to spend have taken a noticeably bearish stance on Mondelez International.
Looking at options history for Mondelez International MDLZ we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 10% of the investors opened trades with bullish expectations and 70% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $120,426 and 8, calls, for a total amount of $426,661.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $40.0 and $77.5 for Mondelez International, spanning the last three months.
Analyzing 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 Mondelez International's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Mondelez International's significant trades, within a strike price range of $40.0 to $77.5, over the past month.
Mondelez International Option Volume And Open Interest Over 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MDLZ | CALL | TRADE | BULLISH | 01/16/26 | $34.8 | $32.5 | $34.8 | $40.00 | $149.6K | 60 | 43 |
| MDLZ | PUT | SWEEP | BEARISH | 01/16/26 | $5.4 | $5.3 | $5.4 | $72.50 | $84.7K | 123 | 380 |
| MDLZ | CALL | SWEEP | BEARISH | 01/17/25 | $1.45 | $1.3 | $1.31 | $77.50 | $77.2K | 1.4K | 1.2K |
| MDLZ | CALL | TRADE | BEARISH | 01/16/26 | $6.5 | $6.3 | $6.3 | $75.00 | $47.2K | 883 | 75 |
| MDLZ | CALL | TRADE | BEARISH | 01/17/25 | $1.55 | $1.45 | $1.45 | $77.50 | $44.8K | 1.4K | 387 |
About Mondelez International
Mondelez has operated as an independent organization since its split from the former Kraft Foods North American grocery business in October 2012. The firm is a leading player in the global snack enclave with a presence in the biscuit (49% of sales), chocolate (30%), gum/candy (12%), beverage (3%), and cheese and grocery (6%) aisles, as of the end of fiscal 2023. Mondelez's portfolio includes well-known brands like Oreo, Chips Ahoy, Halls, and Cadbury, among others. The firm derives around one third of revenue from developing markets, just more than one third from Europe, and the remainder from North America.
Having examined the options trading patterns of Mondelez International, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Mondelez International's Current Market Status
- Trading volume stands at 2,333,980, with MDLZ's price down by -1.27%, positioned at $73.26.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 30 days.
Professional Analyst Ratings for Mondelez International
In the last month, 1 experts released ratings on this stock with an average target price of $85.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Mondelez International with a target price of $85.
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 Mondelez International with Benzinga Pro for real-time 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.
