Domino's Pizza Options Trading: A Deep Dive into Market Sentiment

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Deep-pocketed investors have adopted a bullish approach towards Domino's Pizza DPZ, 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 DPZ usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for Domino's Pizza. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 63% leaning bullish and 27% bearish. Among these notable options, 5 are puts, totaling $435,174, and 6 are calls, amounting to $304,595.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $400.0 and $455.0 for Domino's Pizza, spanning the last three months.

Insights into 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 Domino's Pizza'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 Domino's Pizza's whale trades within a strike price range from $400.0 to $455.0 in the last 30 days.

Domino's Pizza Option Activity Analysis: 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
DPZ PUT SWEEP BULLISH 02/21/25 $6.3 $5.6 $5.95 $445.00 $141.7K 31 317
DPZ PUT TRADE BULLISH 02/21/25 $6.3 $5.0 $5.0 $440.00 $125.0K 24 272
DPZ CALL SWEEP BEARISH 03/21/25 $64.5 $61.0 $61.05 $400.00 $122.1K 66 20
DPZ PUT SWEEP BEARISH 01/31/25 $5.4 $5.3 $5.4 $450.00 $75.0K 3 169
DPZ PUT SWEEP BULLISH 02/07/25 $9.5 $8.3 $8.3 $455.00 $63.0K 0 88

About Domino's Pizza

Domino's is a restaurant operator and franchiser with nearly 20,600 global stores across more than 90 international markets at the end of 2023. The firm generates revenue through the sales of pizza, wings, salads, sandwiches, and desserts at company-owned stores, royalty and marketing contributions from franchise-operated stores, and its network of 25 domestic (and five Canadian) dough manufacturing and supply chain facilities, which centralize purchasing, preparation, and last-mile delivery for the firm's US and Canadian restaurants. With roughly $18.3 billion in 2023 system sales, Domino's is the largest player in the global pizza market, ahead of Pizza Hut, Little Caesars, and narrow-moat Papa John's.

Having examined the options trading patterns of Domino's Pizza, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of Domino's Pizza

  • With a volume of 535,782, the price of DPZ is up 5.93% at $453.16.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 25 days.

Expert Opinions on Domino's Pizza

A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $451.25.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Oppenheimer persists with their Outperform rating on Domino's Pizza, maintaining a target price of $495. * An analyst from Morgan Stanley persists with their Overweight rating on Domino's Pizza, maintaining a target price of $496. * Consistent in their evaluation, an analyst from Barclays keeps a Underweight rating on Domino's Pizza with a target price of $412. * An analyst from Barclays has decided to maintain their Underweight rating on Domino's Pizza, which currently sits at a price target of $402.

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 Domino's Pizza with Benzinga Pro for real-time alerts.

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