This Is What Whales Are Betting On Applied Optoelectronics

Financial giants have made a conspicuous bearish move on Applied Optoelectronics. Our analysis of options history for Applied Optoelectronics AAOI revealed 14 unusual trades.

Delving into the details, we found 42% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $60,000, and 12 were calls, valued at $1,246,109.

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 $12.5 to $35.0 for Applied Optoelectronics over the last 3 months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Applied Optoelectronics'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 Applied Optoelectronics's whale activity within a strike price range from $12.5 to $35.0 in the last 30 days.

Applied Optoelectronics 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

About Applied Optoelectronics

Applied Optoelectronics Inc is a provider of fiber-optic networking products, for four networking end-markets; internet data center, CATV, telecom, and FTTH. The Company designs and manufactures a wide range of optical communications products at varying levels of integration, from components, subassemblies, and modules to complete turn-key equipment. Through direct sales personnel, and manufacturing teams in the United States, China, and Taiwan, the company coordinates with customers to determine product design, qualifications, and performance. The Company has manufacturing and research and development facilities located in the U.S., Taiwan, and China.

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

Where Is Applied Optoelectronics Standing Right Now?

• With a volume of 1,577,098, the price of AAOI is down -1.54% at $19.19.
• RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
• Next earnings are expected to be released in 42 days.

What The Experts Say On Applied Optoelectronics

Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $36.0.

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 Rosenblatt has decided to maintain their Buy rating on Applied Optoelectronics, which currently sits at a price target of $36. * Consistent in their evaluation, an analyst from Rosenblatt keeps a Buy rating on Applied Optoelectronics with a target price of $36.

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 Applied Optoelectronics, Benzinga Pro gives you real-time options trades alerts.