Whales with a lot of money to spend have taken a noticeably bullish stance on BP.
Looking at options history for BP BP we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 75% of the investors opened trades with bullish expectations and 25% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $297,520 and 3, calls, for a total amount of $111,420.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $29.0 to $37.0 for BP over the last 3 months.
Volume & Open Interest Trends
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for BP's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across BP's significant trades, within a strike price range of $29.0 to $37.0, over the past month.
BP 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BP | PUT | TRADE | BULLISH | 09/19/25 | $7.0 | $6.9 | $6.9 | $37.00 | $133.8K | 688 | 194 |
| BP | PUT | SWEEP | BEARISH | 03/21/25 | $1.13 | $1.09 | $1.13 | $30.00 | $56.5K | 3.4K | 501 |
| BP | CALL | TRADE | BEARISH | 03/21/25 | $1.28 | $1.22 | $1.24 | $32.00 | $55.8K | 12.4K | 450 |
| BP | PUT | TRADE | BULLISH | 06/20/25 | $1.42 | $1.37 | $1.37 | $29.00 | $46.8K | 2.8K | 342 |
| BP | PUT | TRADE | BULLISH | 04/17/25 | $0.97 | $0.93 | $0.93 | $29.00 | $31.8K | 3.7K | 342 |
About BP
BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 1.1 million barrels of liquids and 6.9 billion cubic feet of natural gas per day. At the end of 2023, reserves stood at 6.8 billion barrels of oil equivalent, 55% of which are liquids. The company operates refineries with a capacity of 1.6 million barrels of oil per day.
Following our analysis of the options activities associated with BP, we pivot to a closer look at the company's own performance.
Current Position of BP
- With a trading volume of 7,053,729, the price of BP is up by 0.16%, reaching $31.14.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 20 days from now.
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If you want to stay updated on the latest options trades for BP, Benzinga Pro gives you real-time options trades alerts.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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