Benzinga's options scanner has just identified more than 8 option transactions on Live Nation Entertainment LYV, with a cumulative value of $607,260. Concurrently, our algorithms picked up 2 puts, worth a total of 616,000.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $80.0 to $120.0 for Live Nation Entertainment 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 Live Nation Entertainment's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Live Nation Entertainment's significant trades, within a strike price range of $80.0 to $120.0, over the past month.
Live Nation Entertainment Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LYV | PUT | TRADE | BEARISH | 01/16/26 | $2.85 | $2.3 | $2.85 | $80.00 | $570.0K | 151 | 2.0K |
| LYV | CALL | SWEEP | BULLISH | 01/17/25 | $6.8 | $6.7 | $6.8 | $115.00 | $224.4K | 422 | 204 |
| LYV | CALL | SWEEP | BULLISH | 01/17/25 | $6.8 | $6.7 | $6.8 | $115.00 | $131.2K | 422 | 193 |
| LYV | CALL | SWEEP | BULLISH | 01/17/25 | $7.0 | $6.7 | $6.8 | $115.00 | $65.9K | 422 | 783 |
| LYV | CALL | SWEEP | BULLISH | 01/17/25 | $6.8 | $6.7 | $6.8 | $115.00 | $51.6K | 422 | 625 |
About Live Nation Entertainment
Live Nation is the largest live entertainment company in the world, serving as a concert promoter, venue operator, and ticketing platform. In addition, the firm generates revenue from sponsorships and advertising. With offices in 45 countries, Live Nation promotes concerts globally and it owns, operates, or had exclusive booking rights to 373 venues worldwide at the end of 2023, which the firm says makes it the second-largest operator of music venues globally. In 2023, Live Nation promoted more than 50,000 events, drawing more than 145 million fans. Ticketmaster is a dominant global ticketing service, selling more than 620 million tickets in 2023.
In light of the recent options history for Live Nation Entertainment, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Live Nation Entertainment Standing Right Now?
- With a trading volume of 325,033, the price of LYV is down by -0.55%, reaching $112.07.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 20 days from now.
What The Experts Say On Live Nation Entertainment
In the last month, 1 experts released ratings on this stock with an average target price of $130.0.
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 Macquarie keeps a Outperform rating on Live Nation Entertainment with a target price of $130.
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 Live Nation Entertainment options trades with real-time alerts from Benzinga Pro.
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