Whales with a lot of money to spend have taken a noticeably bullish stance on Caterpillar.
Looking at options history for Caterpillar CAT we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 44% of the investors opened trades with bullish expectations and 44% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $66,710 and 7, calls, for a total amount of $474,151.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $230.0 to $400.0 for Caterpillar over the recent three months.
Analyzing Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Caterpillar's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Caterpillar's significant trades, within a strike price range of $230.0 to $400.0, over the past month.
Caterpillar 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CAT | CALL | SWEEP | BULLISH | 05/16/25 | $20.85 | $20.4 | $20.76 | $380.00 | $149.6K | 199 | 72 |
| CAT | CALL | SWEEP | BEARISH | 02/21/25 | $42.8 | $42.3 | $42.3 | $330.00 | $105.7K | 77 | 25 |
| CAT | CALL | SWEEP | BEARISH | 01/24/25 | $9.75 | $8.5 | $9.75 | $362.50 | $97.5K | 22 | 0 |
| CAT | PUT | TRADE | NEUTRAL | 01/17/25 | $31.5 | $28.9 | $30.2 | $400.00 | $39.2K | 86 | 13 |
| CAT | CALL | TRADE | BULLISH | 01/31/25 | $16.2 | $16.2 | $16.2 | $360.00 | $32.4K | 82 | 41 |
About Caterpillar
Caterpillar is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Its reporting segments are: construction industries (40% sales/47% operating profit, or OP), resource industries (20% sales/19% OP), and energy & transportation (40% sales/34% OP). Market share approaches 20% across many products. Caterpillar operates a captive finance subsidiary to facilitate sales. The firm has global reach (46% US sales/54% ex-US). Construction skews more domestic, while the other divisions are more geographically diversified. An independent network of 156 dealers operates approximately 2,800 facilities, giving Caterpillar reach into about 190 countries for sales and support services.
Having examined the options trading patterns of Caterpillar, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Caterpillar's Current Market Status
- Currently trading with a volume of 359,157, the CAT's price is up by 0.8%, now at $365.4.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 20 days.
Professional Analyst Ratings for Caterpillar
2 market experts have recently issued ratings for this stock, with a consensus target price of $418.0.
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. * An analyst from Truist Securities has decided to maintain their Buy rating on Caterpillar, which currently sits at a price target of $471. * Showing optimism, an analyst from Evercore ISI Group upgrades its rating to In-Line with a revised price target of $365.
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 Caterpillar options trades with real-time alerts from Benzinga Pro.
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