Financial giants have made a conspicuous bearish move on Enovix. Our analysis of options history for Enovix ENVX revealed 17 unusual trades.
Delving into the details, we found 29% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $190,289, and 13 were calls, valued at $439,740.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $5.0 to $32.0 for Enovix over the last 3 months.
Volume & Open Interest Trends
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Enovix's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Enovix's substantial trades, within a strike price spectrum from $5.0 to $32.0 over the preceding 30 days.
Enovix 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ENVX | PUT | SWEEP | NEUTRAL | 06/20/25 | $3.1 | $3.05 | $3.05 | $12.00 | $63.7K | 2.3K | 100 |
| ENVX | PUT | TRADE | BEARISH | 06/20/25 | $5.1 | $4.95 | $5.05 | $15.00 | $50.5K | 431 | 1 |
| ENVX | CALL | TRADE | BEARISH | 01/17/25 | $4.45 | $4.4 | $4.4 | $7.50 | $46.2K | 11.4K | 140 |
| ENVX | PUT | TRADE | BEARISH | 06/20/25 | $4.5 | $4.35 | $4.45 | $14.00 | $44.5K | 564 | 100 |
| ENVX | CALL | SWEEP | BEARISH | 01/16/26 | $4.55 | $4.4 | $4.4 | $12.00 | $40.4K | 7.0K | 21 |
About Enovix
Enovix Corp is engaged in the business of advanced silicon-anode lithium-ion battery development and production. It is also developing its 3D cell technology and production process for the electric vehicle and energy storage markets to help enable the widespread utilization of renewable energy.
In light of the recent options history for Enovix, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Enovix's Current Market Status
- With a volume of 5,586,163, the price of ENVX is up 1.2% at $11.0.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 47 days.
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.
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 Enovix with Benzinga Pro for real-time alerts.
© 2025 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.
