Looking At Enphase Energy's Recent Unusual Options Activity

Deep-pocketed investors have adopted a bullish approach towards Enphase Energy ENPH, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ENPH usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 17 extraordinary options activities for Enphase Energy. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 52% leaning bullish and 47% bearish. Among these notable options, 11 are puts, totaling $1,117,668, and 6 are calls, amounting to $297,956.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $50.0 and $75.0 for Enphase Energy, spanning the last three months.

Analyzing 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 Enphase Energy'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 Enphase Energy's whale trades within a strike price range from $50.0 to $75.0 in the last 30 days.

Enphase Energy Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ENPH PUT TRADE BULLISH 01/17/25 $2.55 $2.16 $2.3 $65.00 $183.9K 5.4K 833
ENPH PUT SWEEP BULLISH 02/21/25 $12.7 $12.45 $12.46 $75.00 $179.7K 6.7K 612
ENPH PUT SWEEP BEARISH 02/21/25 $12.5 $12.25 $12.5 $75.00 $177.5K 6.7K 276
ENPH PUT SWEEP BULLISH 02/21/25 $12.8 $12.45 $12.53 $75.00 $153.0K 6.7K 468
ENPH PUT TRADE BEARISH 02/21/25 $12.8 $12.55 $12.8 $75.00 $131.8K 6.7K 1.1K

About Enphase Energy

Enphase Energy is a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Geographically, it derives a majority of revenue from the United States.

In light of the recent options history for Enphase Energy, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Enphase Energy's Current Market Status

  • With a trading volume of 2,772,157, the price of ENPH is down by -3.24%, reaching $63.7.
  • Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
  • Next earnings report is scheduled for 19 days from now.

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.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Enphase Energy, Benzinga Pro gives you real-time options trades alerts.

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