Autodesk Unusual Options Activity For April 18

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A whale with a lot of money to spend has taken a noticeably bullish stance on Autodesk.

Looking at options history for Autodesk ADSK we detected 10 strange trades.

If we consider the specifics of each trade, it is accurate to state that 70% of the investors opened trades with bullish expectations and 30% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $180,084 and 5, calls, for a total amount of $184,300.

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 $200.0 to $220.0 for Autodesk over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Autodesk options trades today is 621.67 with a total volume of 651.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Autodesk's big money trades within a strike price range of $200.0 to $220.0 over the last 30 days.

Autodesk Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
ADSK PUT TRADE BEARISH 04/21/23 $220.00 $41.6K 201 43
ADSK PUT SWEEP BULLISH 05/19/23 $200.00 $37.1K 291 110
ADSK CALL TRADE BULLISH 01/19/24 $220.00 $37.1K 1.3K 71
ADSK CALL TRADE BULLISH 01/19/24 $220.00 $37.1K 1.3K 31
ADSK CALL TRADE BULLISH 01/19/24 $220.00 $36.8K 1.3K 91

Where Is Autodesk Standing Right Now?

  • With a volume of 339,302, the price of ADSK is up 0.07% at $197.22.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 37 days.

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

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