Brinker International's Options Frenzy: What You Need to Know

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Investors with a lot of money to spend have taken a bullish stance on Brinker International EAT.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with EAT, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 10 uncommon options trades for Brinker International.

This isn't normal.

The overall sentiment of these big-money traders is split between 40% bullish and 40%, bearish.

Out of all of the special options we uncovered, 4 are puts, for a total amount of $173,030, and 6 are calls, for a total amount of $304,801.

What's The Price Target?

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $145.0 and $220.0 for Brinker International, spanning the last three months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Brinker International options trades today is 443.25 with a total volume of 464.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Brinker International's big money trades within a strike price range of $145.0 to $220.0 over the last 30 days.

Brinker International 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
EAT CALL TRADE BEARISH 07/18/25 $49.9 $48.7 $49.0 $145.00 $98.0K 56 20
EAT PUT SWEEP BULLISH 03/21/25 $5.0 $3.2 $3.1 $170.00 $62.0K 1.3K 200
EAT CALL TRADE NEUTRAL 03/21/25 $15.7 $13.1 $14.2 $180.00 $56.8K 156 50
EAT CALL SWEEP BEARISH 03/21/25 $16.1 $15.1 $15.24 $175.00 $45.8K 533 31
EAT CALL SWEEP BEARISH 04/17/25 $17.8 $17.6 $17.6 $180.00 $44.0K 32 28

About Brinker International

Brinker International Inc operates casual dining restaurants under the brand's Chili Grill and Bar (Chili's) and Maggiano's Little Italy (Maggiano's). Chili's falls in the Bar and Grill category of casual dining. Its menu features Fresh Mex and Fresh Tex favorites including signature items such as slow-smoked baby back ribs, craft burgers, fajitas, and bottomless chips and salsa paired with tableside guacamole. Maggiano's is an Italian restaurant brand with a full lunch and dinner menu offering chef-prepared, such as appetizers, chicken, seafood, veal and prime steaks, and desserts. The company generates maximum revenue from Chili's segment.

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

Brinker International's Current Market Status

  • With a trading volume of 698,198, the price of EAT is up by 0.81%, reaching $183.98.
  • Current RSI values indicate that the stock is may be overbought.
  • Next earnings report is scheduled for 88 days from now.

What Analysts Are Saying About Brinker International

In the last month, 5 experts released ratings on this stock with an average target price of $161.8.

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. * Maintaining their stance, an analyst from BMO Capital continues to hold a Market Perform rating for Brinker International, targeting a price of $125. * An analyst from Goldman Sachs persists with their Buy rating on Brinker International, maintaining a target price of $208. * An analyst from Wells Fargo persists with their Equal-Weight rating on Brinker International, maintaining a target price of $145. * Consistent in their evaluation, an analyst from UBS keeps a Neutral rating on Brinker International with a target price of $146. * An analyst from Wedbush persists with their Neutral rating on Brinker International, maintaining a target price of $185.

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 Brinker International, Benzinga Pro gives you real-time options trades alerts.

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