Financial giants have made a conspicuous bullish move on Accenture. Our analysis of options history for Accenture ACN revealed 18 unusual trades.
Delving into the details, we found 44% of traders were bullish, while 38% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $127,780, and 14 were calls, valued at $962,800.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $320.0 to $410.0 for Accenture over the last 3 months.
Analyzing Volume & Open Interest
In today's trading context, the average open interest for options of Accenture stands at 381.53, with a total volume reaching 1,372.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Accenture, situated within the strike price corridor from $320.0 to $410.0, throughout the last 30 days.
Accenture Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
ACN | CALL | TRADE | BULLISH | 06/20/25 | $23.3 | $22.6 | $23.06 | $360.00 | $196.0K | 566 | 86 |
ACN | CALL | TRADE | BEARISH | 06/20/25 | $49.3 | $48.1 | $48.58 | $320.00 | $194.3K | 181 | 40 |
ACN | CALL | TRADE | BULLISH | 05/16/25 | $22.1 | $21.6 | $21.9 | $355.00 | $109.5K | 233 | 0 |
ACN | CALL | TRADE | BEARISH | 09/19/25 | $18.3 | $17.4 | $17.49 | $390.00 | $76.9K | 117 | 106 |
ACN | CALL | TRADE | BULLISH | 01/17/25 | $5.9 | $5.8 | $5.9 | $357.50 | $53.6K | 0 | 93 |
About Accenture
Accenture is a leading global IT services firm that provides consulting, strategy, and technology and operational services. These services run the gamut from aiding enterprises with digital transformation to procurement services to software system integration. The company provides its IT offerings to a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture employs just under 500,000 people throughout 200 cities in 51 countries.
In light of the recent options history for Accenture, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Current Position of Accenture
- Currently trading with a volume of 515,604, the ACN's price is down by -1.08%, now at $356.54.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 83 days.
Expert Opinions on Accenture
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $413.2.
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. * In a positive move, an analyst from Goldman Sachs has upgraded their rating to Buy and adjusted the price target to $420. * An analyst from Baird has revised its rating downward to Neutral, adjusting the price target to $370. * Maintaining their stance, an analyst from UBS continues to hold a Buy rating for Accenture, targeting a price of $455. * Consistent in their evaluation, an analyst from BMO Capital keeps a Market Perform rating on Accenture with a target price of $425. * An analyst from JP Morgan persists with their Overweight rating on Accenture, maintaining a target price of $396.
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 Accenture options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.