Smart Money Is Betting Big In ALAB Options

Whales with a lot of money to spend have taken a noticeably bullish stance on Astera Labs.

Looking at options history for Astera Labs ALAB we detected 30 trades.

If we consider the specifics of each trade, it is accurate to state that 56% of the investors opened trades with bullish expectations and 40% with bearish.

From the overall spotted trades, 4 are puts, for a total amount of $186,638 and 26, calls, for a total amount of $1,546,190.

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 $52.5 to $200.0 for Astera Labs over the last 3 months.

Analyzing Volume & Open Interest

In today's trading context, the average open interest for options of Astera Labs stands at 679.4, with a total volume reaching 9,028.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Astera Labs, situated within the strike price corridor from $52.5 to $200.0, throughout the last 30 days.

Astera Labs Call and Put Volume: 30-Day Overview

Options Call Chart

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ALAB CALL SWEEP BULLISH 02/21/25 $12.8 $12.7 $12.8 $115.00 $179.2K 84 239
ALAB CALL TRADE BULLISH 01/16/26 $14.7 $13.6 $14.4 $200.00 $144.0K 12 103
ALAB CALL SWEEP BULLISH 03/21/25 $12.7 $12.6 $12.7 $120.00 $127.0K 23 186
ALAB CALL TRADE BEARISH 02/21/25 $15.0 $14.8 $14.8 $110.00 $108.0K 214 453
ALAB CALL TRADE BEARISH 02/21/25 $14.8 $14.5 $14.5 $110.00 $102.9K 214 531

About Astera Labs

Astera Labs Inc is a company that offers an Intelligent Connectivity Platform, comprised of Semiconductor-based, high-speed mixed-signal connectivity products that integrate a matrix of microcontrollers and sensors. COSMOS, their software suite which is embedded in its connectivity products and integrated into their customers' systems. The Company delivers critical connectivity performance, enables flexibility and customization, and supports observability and predictive analytics. This approach addresses the data, network, and memory bottlenecks, scalability, and other infrastructure requirements of hyperscalers and system original equipment manufacturers.

Current Position of Astera Labs

  • With a trading volume of 3,777,557, the price of ALAB is down by -3.97%, reaching $118.06.
  • Current RSI values indicate that the stock is may be oversold.
  • Next earnings report is scheduled for 18 days from now.

What Analysts Are Saying About Astera Labs

In the last month, 4 experts released ratings on this stock with an average target price of $136.75.

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 Northland Capital Markets downgraded its action to Market Perform with a price target of $120. * Consistent in their evaluation, an analyst from Stifel keeps a Buy rating on Astera Labs with a target price of $150. * In a cautious move, an analyst from Morgan Stanley downgraded its rating to Equal-Weight, setting a price target of $142. * An analyst from Barclays has decided to maintain their Overweight rating on Astera Labs, which currently sits at a price target of $135.

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 Astera Labs with Benzinga Pro for real-time alerts.

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