Looking At Enphase Energy's Recent Unusual Options Activity

Comments
Loading...

Financial giants have made a conspicuous bullish move on Enphase Energy. Our analysis of options history for Enphase Energy ENPH revealed 8 unusual trades.

Delving into the details, we found 75% of traders were bullish, while 25% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $213,180, and 4 were calls, valued at $399,090.

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 $56.0 to $85.0 for Enphase Energy over the last 3 months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Enphase Energy's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Enphase Energy's significant trades, within a strike price range of $56.0 to $85.0, over the past month.

Enphase Energy 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
ENPH CALL TRADE BULLISH 03/21/25 $7.25 $6.9 $7.2 $60.00 $144.0K 2.1K 2
ENPH CALL SWEEP BEARISH 01/16/26 $15.0 $14.85 $14.85 $70.00 $142.5K 694 51
ENPH PUT TRADE BULLISH 03/07/25 $0.34 $0.29 $0.3 $56.00 $95.0K 186 11
ENPH CALL TRADE BULLISH 01/16/26 $14.7 $13.55 $14.7 $70.00 $72.0K 694 1
ENPH PUT SWEEP BULLISH 03/21/25 $7.1 $6.9 $6.9 $70.00 $57.2K 5.5K 20

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.

After a thorough review of the options trading surrounding Enphase Energy, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Where Is Enphase Energy Standing Right Now?

  • With a volume of 1,229,191, the price of ENPH is up 1.63% at $65.91.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 57 days.

What Analysts Are Saying About Enphase Energy

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $80.4.

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 Guggenheim upgraded its action to Neutral with a price target of $62. * Maintaining their stance, an analyst from Wells Fargo continues to hold a Overweight rating for Enphase Energy, targeting a price of $77. * Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Enphase Energy, targeting a price of $86. * Consistent in their evaluation, an analyst from Craig-Hallum keeps a Buy rating on Enphase Energy with a target price of $101. * An analyst from Susquehanna persists with their Neutral rating on Enphase Energy, maintaining a target price of $76.

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 Enphase Energy with Benzinga Pro for real-time alerts.

Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment

Posted In: