Deep-pocketed investors have adopted a bearish approach towards Crocs CROX, 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 CROX usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 13 extraordinary options activities for Crocs. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 38% leaning bullish and 53% bearish. Among these notable options, 2 are puts, totaling $387,000, and 11 are calls, amounting to $448,340.
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 $110.0 to $120.0 for Crocs during the past quarter.
Analyzing 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 Crocs'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 Crocs's whale trades within a strike price range from $110.0 to $120.0 in the last 30 days.
Crocs 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CROX | PUT | TRADE | BULLISH | 01/17/25 | $4.5 | $4.3 | $4.3 | $110.00 | $279.5K | 1.8K | 652 |
| CROX | PUT | TRADE | BULLISH | 01/17/25 | $4.5 | $4.3 | $4.3 | $110.00 | $107.5K | 1.8K | 652 |
| CROX | CALL | TRADE | BEARISH | 06/20/25 | $17.3 | $17.0 | $17.0 | $110.00 | $52.7K | 217 | 221 |
| CROX | CALL | TRADE | BULLISH | 06/20/25 | $17.0 | $16.7 | $17.0 | $110.00 | $49.3K | 217 | 166 |
| CROX | CALL | TRADE | BEARISH | 06/20/25 | $17.3 | $16.8 | $17.0 | $110.00 | $45.9K | 217 | 54 |
About Crocs
Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children. The reportable geographic segments of the company include the Americas, Asia Pacific, and EMEA.
Current Position of Crocs
- With a trading volume of 232,830, the price of CROX is down by -1.51%, reaching $111.24.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 62 days from now.
What The Experts Say On Crocs
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $135.5.
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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. * Reflecting concerns, an analyst from Needham lowers its rating to Buy with a new price target of $116. * An analyst from Guggenheim has revised its rating downward to Buy, adjusting the price target to $155.
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