Investors with a lot of money to spend have taken a bullish stance on RH RH.
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 RH, 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 8 uncommon options trades for RH.
This isn't normal.
The overall sentiment of these big-money traders is split between 62% bullish and 25%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $87,050, and 5 are calls, for a total amount of $235,910.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $160.0 to $470.0 for RH during the past quarter.
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 RH'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 RH's whale trades within a strike price range from $160.0 to $470.0 in the last 30 days.
RH Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RH | CALL | TRADE | BEARISH | 05/16/25 | $49.7 | $49.0 | $49.0 | $440.00 | $98.0K | 132 | 20 |
| RH | CALL | TRADE | BULLISH | 01/16/26 | $76.0 | $73.2 | $76.0 | $470.00 | $53.2K | 186 | 7 |
| RH | PUT | SWEEP | BULLISH | 12/20/24 | $6.7 | $6.4 | $6.4 | $415.00 | $32.0K | 78 | 52 |
| RH | CALL | TRADE | BULLISH | 01/17/25 | $17.7 | $17.5 | $17.7 | $430.00 | $31.8K | 701 | 32 |
| RH | PUT | TRADE | BEARISH | 01/16/26 | $28.8 | $28.8 | $28.8 | $300.00 | $28.8K | 176 | 10 |
About RH
RH is a luxury furniture and lifestyle retailer operating in the $134 billion domestic furniture and home furnishing industry. The firm offers merchandise across many categories including furniture, lighting, textiles, bath, decor, and children and is growing the presence of its hospitality business with 19 restaurant locations. RH innovates, curates, and integrates products, categories, services, and businesses across channels and brand extensions (RH Modern and Waterworks, for example). RH is fully integrated across channels and is positioned to broaden its addressable market over the next decade by expanding abroad, with its World of RH digital platform (highlighting offerings outside of home furnishings), and with offerings in bespoke furniture, architecture, media, and more.
RH's Current Market Status
- Currently trading with a volume of 458,435, the RH's price is up by 0.55%, now at $414.0.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 98 days.
What Analysts Are Saying About RH
In the last month, 5 experts released ratings on this stock with an average target price of $442.0.
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 Guggenheim lowers its rating to Buy with a new price target of $425. * An analyst from Morgan Stanley persists with their Equal-Weight rating on RH, maintaining a target price of $435. * An analyst from Loop Capital has decided to maintain their Hold rating on RH, which currently sits at a price target of $450. * Reflecting concerns, an analyst from Stifel lowers its rating to Buy with a new price target of $420. * Maintaining their stance, an analyst from Telsey Advisory Group continues to hold a Market Perform rating for RH, targeting a price of $480.
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 RH with Benzinga Pro for real-time alerts.
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