Investors with a lot of money to spend have taken a bearish stance on Albemarle ALB.
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 ALB, 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 Albemarle.
This isn't normal.
The overall sentiment of these big-money traders is split between 0% bullish and 81%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $65,484, and 9 are calls, for a total amount of $540,108.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $80.0 to $150.0 for Albemarle over the recent three months.
Analyzing Volume & Open Interest
In today's trading context, the average open interest for options of Albemarle stands at 1298.12, with a total volume reaching 1,164.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Albemarle, situated within the strike price corridor from $80.0 to $150.0, throughout the last 30 days.
Albemarle Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ALB | CALL | TRADE | BEARISH | 03/21/25 | $12.9 | $11.9 | $11.9 | $95.00 | $142.8K | 245 | 0 |
| ALB | CALL | TRADE | BEARISH | 01/15/27 | $35.7 | $35.5 | $35.5 | $80.00 | $78.1K | 10 | 29 |
| ALB | CALL | TRADE | BEARISH | 01/16/26 | $7.75 | $7.5 | $7.5 | $150.00 | $75.0K | 567 | 201 |
| ALB | CALL | TRADE | BEARISH | 01/16/26 | $7.75 | $7.5 | $7.5 | $150.00 | $75.0K | 567 | 101 |
| ALB | CALL | SWEEP | BEARISH | 09/19/25 | $12.45 | $12.4 | $12.45 | $110.00 | $37.4K | 103 | 207 |
About Albemarle
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.
After a thorough review of the options trading surrounding Albemarle, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Albemarle's Current Market Status
- Currently trading with a volume of 867,338, the ALB's price is down by -3.59%, now at $94.05.
- RSI readings suggest the stock is currently may be approaching oversold.
- Anticipated earnings release is in 56 days.
Professional Analyst Ratings for Albemarle
1 market experts have recently issued ratings for this stock, with a consensus target price of $103.0.
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. * Consistent in their evaluation, an analyst from Baird keeps a Neutral rating on Albemarle with a target price of $103.
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 Albemarle, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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