Check Out What Whales Are Doing With EOG

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

Looking at options history for EOG Resources EOG we detected 13 strange trades.

If we consider the specifics of each trade, it is accurate to state that 61% of the investors opened trades with bullish expectations and 38% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $193,993 and 8, calls, for a total amount of $241,650.

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 $67.5 to $110.0 for EOG Resources over the last 3 months.

Volume & Open Interest Development

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 EOG Resources'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 EOG Resources's whale trades within a strike price range from $67.5 to $110.0 in the last 30 days.

EOG Resources 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
EOG PUT SWEEP BEARISH 06/21/24 $80.00 $70.4K 158 52
EOG CALL SWEEP BULLISH 06/21/24 $110.00 $53.7K 20 165
EOG PUT TRADE BEARISH 06/21/24 $95.00 $32.3K 34 32
EOG PUT TRADE BEARISH 06/21/24 $95.00 $32.0K 34 160
EOG PUT TRADE BEARISH 06/21/24 $95.00 $32.0K 34 128

Where Is EOG Resources Standing Right Now?

  • With a volume of 1,383,159, the price of EOG is up 3.33% at $111.21.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 78 days.

What The Experts Say On EOG Resources:

  • RBC Capital downgraded its action to Sector Perform with a price target of $150
  • Wells Fargo has decided to maintain their Overweight rating on EOG Resources, which currently sits at a price target of $149.
  • Raymond James has decided to maintain their Strong Buy rating on EOG Resources, which currently sits at a price target of $150.
  • Stifel has decided to maintain their Buy rating on EOG Resources, which currently sits at a price target of $142.
  • UBS downgraded its action to Buy with a price target of $152

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

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EOGEOG Resources Inc
$124.49-%

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Momentum64.73
Growth46.89
Quality49.22
Value71.31
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