Deep-pocketed investors have adopted a bearish approach towards Tempus AI TEM, 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 TEM usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for Tempus AI. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 37% leaning bullish and 50% bearish. Among these notable options, 6 are puts, totaling $683,586, and 2 are calls, amounting to $99,000.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $30.0 to $55.0 for Tempus AI during the past quarter.
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 Tempus AI'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 Tempus AI's whale activity within a strike price range from $30.0 to $55.0 in the last 30 days.
Tempus AI 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TEM | PUT | TRADE | BEARISH | 01/17/25 | $5.8 | $4.5 | $5.4 | $45.00 | $246.2K | 85 | 500 |
| TEM | PUT | TRADE | BULLISH | 01/17/25 | $6.3 | $5.0 | $5.4 | $45.00 | $225.7K | 85 | 462 |
| TEM | PUT | SWEEP | BEARISH | 11/29/24 | $4.7 | $4.3 | $4.7 | $52.00 | $92.5K | 206 | 200 |
| TEM | PUT | SWEEP | BEARISH | 12/13/24 | $9.2 | $7.7 | $9.2 | $55.00 | $63.4K | 10 | 90 |
| TEM | CALL | TRADE | NEUTRAL | 11/22/24 | $23.7 | $22.0 | $23.0 | $30.00 | $50.6K | 0 | 44 |
About Tempus AI
Tempus AI Inc is a technology company. It has built the Tempus Platform, which comprises both a technology platform to free healthcare data from silos and an operating system to make the resulting data useful. Its Intelligent Diagnostics use AI, including generative AI, to make laboratory tests more accurate, tailored, and personal.
After a thorough review of the options trading surrounding Tempus AI, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Current Position of Tempus AI
- With a trading volume of 572,433, the price of TEM is up by 0.32%, reaching $56.81.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 94 days from now.
What Analysts Are Saying About Tempus AI
2 market experts have recently issued ratings for this stock, with a consensus target price of $67.5.
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. * Reflecting concerns, an analyst from Piper Sandler lowers its rating to Neutral with a new price target of $70. * Reflecting concerns, an analyst from Stifel lowers its rating to Hold with a new price target of $65.
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 Tempus AI with Benzinga Pro for real-time alerts.
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