Whales with a lot of money to spend have taken a noticeably bearish stance on HubSpot.
Looking at options history for HubSpot HUBS we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 44% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $143,476 and 5, calls, for a total amount of $165,774.
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 $470.0 and $560.0 for HubSpot, spanning the last three months.
Insights into Volume & Open Interest
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 HubSpot'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 HubSpot's whale activity within a strike price range from $470.0 to $560.0 in the last 30 days.
HubSpot Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HUBS | PUT | TRADE | BEARISH | 11/15/24 | $10.9 | $9.5 | $10.9 | $510.00 | $50.1K | 19 | 124 |
| HUBS | CALL | SWEEP | NEUTRAL | 10/18/24 | $9.8 | $7.4 | $8.5 | $560.00 | $42.5K | 247 | 56 |
| HUBS | PUT | TRADE | BULLISH | 12/20/24 | $37.0 | $34.8 | $34.8 | $560.00 | $34.8K | 9 | 10 |
| HUBS | PUT | TRADE | BULLISH | 11/15/24 | $11.3 | $10.8 | $10.8 | $510.00 | $33.4K | 19 | 78 |
| HUBS | CALL | TRADE | BEARISH | 11/15/24 | $34.6 | $32.0 | $32.78 | $550.00 | $32.7K | 80 | 21 |
About HubSpot
HubSpot provides a cloud-based marketing, sales, and customer service software platform referred to as the growth platform. The applications are available ala carte or packaged together. HubSpot's mission is to help companies grow better and has expanded from its initial focus on inbound marketing to embrace marketing, sales, and service more broadly. The company was founded in 2006, completed its initial public offering in 2014, and is headquartered in Cambridge, Massachusetts.
Following our analysis of the options activities associated with HubSpot, we pivot to a closer look at the company's own performance.
Current Position of HubSpot
- With a trading volume of 91,358, the price of HUBS is up by 0.86%, reaching $558.24.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 26 days from now.
Professional Analyst Ratings for HubSpot
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $665.0.
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. * An analyst from Needham has revised its rating downward to Buy, adjusting the price target to $730. * Reflecting concerns, an analyst from RBC Capital lowers its rating to Outperform with a new price target of $700. * An analyst from BMO Capital has decided to maintain their Outperform rating on HubSpot, which currently sits at a price target of $570. * Reflecting concerns, an analyst from RBC Capital lowers its rating to Outperform with a new price target of $700. * Consistent in their evaluation, an analyst from Stifel keeps a Buy rating on HubSpot with a target price of $625.
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 HubSpot options trades with real-time alerts from Benzinga Pro.
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