Investors with a lot of money to spend have taken a bullish stance on Intuitive Machines LUNR.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with LUNR, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 11 uncommon options trades for Intuitive Machines.
This isn't normal.
The overall sentiment of these big-money traders is split between 45% bullish and 45%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $128,252, and 8 are calls, for a total amount of $583,496.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $10.0 to $17.5 for Intuitive Machines during the past quarter.
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 Intuitive Machines's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Intuitive Machines's substantial trades, within a strike price spectrum from $10.0 to $17.5 over the preceding 30 days.
Intuitive Machines Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LUNR | CALL | SWEEP | BEARISH | 03/21/25 | $4.0 | $3.9 | $3.9 | $15.00 | $195.0K | 9.1K | 1.3K |
| LUNR | CALL | SWEEP | NEUTRAL | 03/21/25 | $3.8 | $3.7 | $3.8 | $15.00 | $112.1K | 9.1K | 1.6K |
| LUNR | CALL | TRADE | BEARISH | 03/21/25 | $3.7 | $3.5 | $3.5 | $15.00 | $87.1K | 9.1K | 309 |
| LUNR | CALL | SWEEP | BEARISH | 03/21/25 | $3.9 | $3.7 | $3.7 | $15.00 | $75.8K | 9.1K | 1.6K |
| LUNR | PUT | SWEEP | BULLISH | 12/20/24 | $0.6 | $0.5 | $0.51 | $14.00 | $51.9K | 308 | 1.1K |
About Intuitive Machines
Intuitive Machines Inc is a space exploration, infrastructure, and services company. It is a diversified space company focused on space exploration. It supplies space products and services to support sustained robotic and human exploration to the Moon, Mars, and beyond. Its products and services are offered through its four business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure.
In light of the recent options history for Intuitive Machines, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Current Position of Intuitive Machines
- With a trading volume of 6,982,274, the price of LUNR is up by 2.99%, reaching $14.3.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 92 days from now.
Expert Opinions on Intuitive Machines
1 market experts have recently issued ratings for this stock, with a consensus target price of $17.5.
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. * Maintaining their stance, an analyst from Canaccord Genuity continues to hold a Buy rating for Intuitive Machines, targeting a price of $17.
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 Intuitive Machines with Benzinga Pro for real-time alerts.
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