Deep-pocketed investors have adopted a bullish approach towards Seagate Tech Hldgs STX, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in STX usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 14 extraordinary options activities for Seagate Tech Hldgs. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 42% leaning bullish and 35% bearish. Among these notable options, 6 are puts, totaling $228,898, and 8 are calls, amounting to $395,465.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $95.0 and $118.0 for Seagate Tech Hldgs, spanning the last three months.
Analyzing 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 Seagate Tech Hldgs'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 Seagate Tech Hldgs's whale activity within a strike price range from $95.0 to $118.0 in the last 30 days.
Seagate Tech Hldgs Option Activity Analysis: 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STX | CALL | SWEEP | BEARISH | 10/25/24 | $4.0 | $3.8 | $4.0 | $113.00 | $80.0K | 133 | 208 |
| STX | CALL | SWEEP | BEARISH | 03/21/25 | $9.2 | $9.1 | $9.1 | $115.00 | $70.9K | 676 | 148 |
| STX | CALL | TRADE | BULLISH | 12/20/24 | $5.8 | $5.6 | $5.78 | $115.00 | $57.8K | 1.4K | 127 |
| STX | CALL | SWEEP | BULLISH | 10/25/24 | $3.8 | $3.3 | $3.48 | $113.00 | $52.4K | 133 | 408 |
| STX | PUT | TRADE | NEUTRAL | 01/16/26 | $10.2 | $9.8 | $10.0 | $100.00 | $50.0K | 1.0K | 0 |
About Seagate Tech Hldgs
Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.
Following our analysis of the options activities associated with Seagate Tech Hldgs, we pivot to a closer look at the company's own performance.
Seagate Tech Hldgs's Current Market Status
- With a volume of 1,637,808, the price of STX is up 0.01% at $112.13.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 1 days.
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© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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