Investors with a lot of money to spend have taken a bearish stance on TransDigm Gr TDG.
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with TDG, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 8 options trades for TransDigm Gr.
This isn't normal.
The overall sentiment of these big-money traders is split between 12% bullish and 87%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $29,000, and 7, calls, for a total amount of $454,800.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $790.0 to $1355.0 for TransDigm Gr over the recent three months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for TransDigm Gr options trades today is 1.5 with a total volume of 249.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for TransDigm Gr's big money trades within a strike price range of $790.0 to $1355.0 over the last 30 days.
TransDigm Gr Option Activity Analysis: 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TDG | CALL | SWEEP | BULLISH | 02/21/25 | $71.0 | $69.3 | $71.0 | $1355.00 | $177.5K | 1 | 60 |
| TDG | CALL | TRADE | BEARISH | 02/21/25 | $99.0 | $98.0 | $98.0 | $1315.00 | $98.0K | 2 | 0 |
| TDG | CALL | TRADE | BEARISH | 12/20/24 | $554.8 | $545.0 | $545.0 | $790.00 | $54.5K | 1 | 1 |
| TDG | CALL | SWEEP | BEARISH | 02/21/25 | $67.4 | $62.0 | $64.0 | $1355.00 | $32.0K | 1 | 28 |
| TDG | CALL | TRADE | BEARISH | 02/21/25 | $66.0 | $60.0 | $62.0 | $1355.00 | $31.0K | 1 | 65 |
About TransDigm Gr
TransDigm manufactures and services a diverse set of specialized parts for commercial and military aircraft. The firm organizes itself in three segments: power and control, airframes, and a small non-aviation segment, which serves mostly off-road vehicles and mining equipment. It operates as an acquisitive holding company that focuses its portfolio on firms that make proprietary aerospace products with substantial aftermarket demand. TransDigm regularly employs financial leverage to amplify its operating results.
Following our analysis of the options activities associated with TransDigm Gr, we pivot to a closer look at the company's own performance.
Current Position of TransDigm Gr
- Currently trading with a volume of 289,108, the TDG's price is down by -3.9%, now at $1328.7.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 0 days.
What The Experts Say On TransDigm Gr
3 market experts have recently issued ratings for this stock, with a consensus target price of $1539.3333333333333.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from JP Morgan persists with their Neutral rating on TransDigm Gr, maintaining a target price of $1555. * Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on TransDigm Gr with a target price of $1563. * An analyst from Keybanc has decided to maintain their Overweight rating on TransDigm Gr, which currently sits at a price target of $1500.
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 TransDigm Gr with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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