Whales with a lot of money to spend have taken a noticeably bearish stance on Dollar Gen.
Looking at options history for Dollar Gen DG we detected 13 trades.
If we consider the specifics of each trade, it is accurate to state that 23% of the investors opened trades with bullish expectations and 76% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $402,583 and 7, calls, for a total amount of $256,912.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $55.0 to $90.0 for Dollar Gen over the last 3 months.
Analyzing Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Dollar Gen's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Dollar Gen's substantial trades, within a strike price spectrum from $55.0 to $90.0 over the preceding 30 days.
Dollar Gen 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DG | PUT | SWEEP | BEARISH | 05/16/25 | $10.3 | $10.25 | $10.3 | $75.00 | $135.9K | 294 | 74 |
| DG | PUT | SWEEP | BEARISH | 05/16/25 | $7.75 | $7.7 | $7.75 | $70.00 | $111.6K | 62 | 206 |
| DG | CALL | TRADE | BEARISH | 02/21/25 | $17.35 | $17.1 | $17.1 | $60.00 | $51.3K | 9 | 30 |
| DG | CALL | TRADE | BEARISH | 11/22/24 | $2.86 | $2.8 | $2.8 | $73.00 | $50.3K | 14 | 282 |
| DG | PUT | TRADE | BEARISH | 01/17/25 | $17.1 | $17.1 | $17.1 | $90.00 | $42.7K | 2.8K | 26 |
About Dollar Gen
With more than 20,000 locations, Dollar General's banner is nearly ubiquitous across the rural United States. Dollar General serves as a convenient shopping destination for fill-in store trips, with its value proposition most relevant to consumers in small communities with a dearth of shopping options. The retailer operates a frugal store of about 7,500 square feet and primarily offers an assortment of branded and private-label consumable items (80% of net sales) such as paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items at low prices. Dollar General also offers a limited assortment of seasonal merchandise, home products, and apparel. The firm sells most items at a price point of $10 or less.
After a thorough review of the options trading surrounding Dollar Gen, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Dollar Gen's Current Market Status
- With a trading volume of 2,578,386, the price of DG is down by -3.03%, reaching $73.98.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 23 days from now.
What The Experts Say On Dollar Gen
3 market experts have recently issued ratings for this stock, with a consensus target price of $95.0.
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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. * Maintaining their stance, an analyst from Evercore ISI Group continues to hold a In-Line rating for Dollar Gen, targeting a price of $105. * Reflecting concerns, an analyst from Bernstein lowers its rating to Outperform with a new price target of $98. * An analyst from JP Morgan has decided to maintain their Neutral rating on Dollar Gen, which currently sits at a price target of $82.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Dollar Gen, Benzinga Pro gives you real-time options trades alerts.
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