Whales with a lot of money to spend have taken a noticeably bearish stance on Applied Optoelectronics.
Looking at options history for Applied Optoelectronics AAOI we detected 18 trades.
If we consider the specifics of each trade, it is accurate to state that 38% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $95,602 and 16, calls, for a total amount of $1,048,950.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $2.5 and $60.0 for Applied Optoelectronics, spanning the last three months.
Insights into Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Applied Optoelectronics'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 Applied Optoelectronics's whale trades within a strike price range from $2.5 to $60.0 in the last 30 days.
Applied Optoelectronics 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 |
---|---|---|---|---|---|---|---|---|---|---|---|
AAOI | CALL | SWEEP | BULLISH | 03/21/25 | $14.0 | $13.4 | $13.86 | $25.00 | $138.1K | 1.1K | 140 |
AAOI | CALL | SWEEP | BEARISH | 01/17/25 | $3.3 | $3.0 | $3.01 | $40.00 | $129.0K | 2.8K | 516 |
AAOI | CALL | TRADE | BEARISH | 01/17/25 | $3.3 | $3.0 | $3.1 | $40.00 | $93.0K | 2.8K | 926 |
AAOI | CALL | TRADE | NEUTRAL | 01/17/25 | $3.8 | $3.4 | $3.6 | $35.00 | $90.0K | 1.8K | 567 |
AAOI | CALL | SWEEP | BEARISH | 03/21/25 | $22.8 | $22.2 | $22.41 | $12.50 | $89.6K | 1.8K | 50 |
About Applied Optoelectronics
Applied Optoelectronics Inc is a provider of fiber-optic networking products for the Internet data center, cable television, telecommunications and fiber-to-the-home end markets. The company focuses on designing and manufacturing a range of optical communication products from components, to subassemblies, and modules to complete turn-key equipment. Demand for Applied Optoelectronics is driven by bandwidth demand in end markets. Through direct sales personnel, and manufacturing teams in the United States, China, and Taiwan, the company coordinates with customers to determine product design, qualifications, and performance. The company derives maximum revenue from Taiwan.
In light of the recent options history for Applied Optoelectronics, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Applied Optoelectronics Standing Right Now?
- With a trading volume of 4,000,385, the price of AAOI is down by -5.64%, reaching $34.12.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 72 days from now.
Expert Opinions on Applied Optoelectronics
1 market experts have recently issued ratings for this stock, with a consensus target price of $14.0.
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 B. Riley Securities lowers its rating to Sell with a new price target of $14.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Applied Optoelectronics options trades with real-time alerts from Benzinga Pro.
© 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.