Financial giants have made a conspicuous bullish move on e.l.f. Beauty. Our analysis of options history for e.l.f. Beauty ELF revealed 11 unusual trades.
Delving into the details, we found 54% of traders were bullish, while 18% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $95,295, and 8 were calls, valued at $779,769.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $100.0 to $160.0 for e.l.f. Beauty over the last 3 months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for e.l.f. Beauty options trades today is 299.1 with a total volume of 1,333.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for e.l.f. Beauty's big money trades within a strike price range of $100.0 to $160.0 over the last 30 days.
e.l.f. Beauty 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ELF | CALL | TRADE | BEARISH | 12/20/24 | $3.8 | $3.4 | $3.5 | $145.00 | $350.0K | 319 | 1.0K |
| ELF | CALL | SWEEP | BULLISH | 06/20/25 | $33.1 | $31.3 | $32.81 | $125.00 | $131.0K | 159 | 75 |
| ELF | CALL | SWEEP | BULLISH | 06/20/25 | $32.5 | $31.3 | $32.26 | $125.00 | $97.2K | 159 | 35 |
| ELF | CALL | TRADE | BULLISH | 01/17/25 | $39.4 | $38.9 | $39.4 | $100.00 | $51.2K | 202 | 23 |
| ELF | CALL | TRADE | NEUTRAL | 01/16/26 | $55.4 | $53.2 | $54.45 | $100.00 | $49.0K | 127 | 16 |
About e.l.f. Beauty
e.l.f. Beauty Inc is a multi-brand beauty company that offers inclusive, accessible, clean, vegan and cruelty-free cosmetics and skin care products. The Company's mission is to make the best of beauty accessible to every eye, lip, face, and skin concern. The company offers cosmetic accessories for women which include eyeliner, mascara, false eyelashes, lipstick, the foundation for the face, moisturizer, cleanser, and other tools through its stores and e-commerce channels. The products that the company sells are marketed under the e.l.f. Cosmetics, W3LL PEOPLE and Keys Soulcare brands. It carries out sales within the US and internationally, out of which maximum revenue is generated from the US.
In light of the recent options history for e.l.f. Beauty, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is e.l.f. Beauty Standing Right Now?
- With a volume of 1,525,809, the price of ELF is up 8.16% at $137.81.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 62 days.
What The Experts Say On e.l.f. Beauty
In the last month, 5 experts released ratings on this stock with an average target price of $164.0.
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. * Maintaining their stance, an analyst from Stifel continues to hold a Hold rating for e.l.f. Beauty, targeting a price of $115. * Maintaining their stance, an analyst from Canaccord Genuity continues to hold a Buy rating for e.l.f. Beauty, targeting a price of $200. * Maintaining their stance, an analyst from DA Davidson continues to hold a Buy rating for e.l.f. Beauty, targeting a price of $170. * An analyst from Piper Sandler downgraded its action to Overweight with a price target of $165. * An analyst from DA Davidson persists with their Buy rating on e.l.f. Beauty, maintaining a target price of $170.
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 e.l.f. Beauty, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
