Financial giants have made a conspicuous bearish move on ARM Holdings. Our analysis of options history for ARM Holdings ARM revealed 11 unusual trades.
Delving into the details, we found 45% of traders were bullish, while 54% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $111,840, and 8 were calls, valued at $248,630.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $50.0 to $67.5 for ARM Holdings over the recent three months.
Volume & Open Interest Trends
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 ARM Holdings'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 ARM Holdings's whale trades within a strike price range from $50.0 to $67.5 in the last 30 days.
ARM Holdings 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| ARM | CALL | SWEEP | BEARISH | 04/19/24 | $67.50 | $51.5K | 275 | 169 |
| ARM | PUT | TRADE | BEARISH | 01/19/24 | $62.50 | $43.9K | 366 | 1 |
| ARM | PUT | TRADE | BEARISH | 04/19/24 | $50.00 | $42.0K | 1.4K | 237 |
| ARM | CALL | TRADE | BEARISH | 12/01/23 | $61.00 | $35.0K | 197 | 1.6K |
| ARM | CALL | TRADE | BEARISH | 12/15/23 | $55.00 | $29.4K | 2.0K | 61 |
About ARM Holdings
Arm Holdings is the IP owner and developer of the ARM architecture (ARM stands for Acorn RISC Machine), which is used in 99% of the world's smartphone CPU cores, and it also has high market share in other battery-powered devices like wearables, tablets, or sensors. Arm licenses its architecture for a fee, offering different types of licenses depending on the flexibility the customer needs. Customers like Apple or Qualcomm buy architectural licenses, which allows them to modify the architecture and add or delete instructions to tailor the chips to their specific needs. Other clients directly buy off-the-shelf designs from Arm. Both off-the-shelf and architectural customers pay a royalty fee per chip shipped.
In light of the recent options history for ARM Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of ARM Holdings
- Trading volume stands at 5,375,897, with ARM's price down by -1.02%, positioned at $63.23.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 80 days.
Expert Opinions on ARM Holdings
In the last month, 2 experts released ratings on this stock with an average target price of $62.5.
- In a cautious move, an analyst from Morgan Stanley downgraded its rating to Equal-Weight, setting a price target of $55.
- In a cautious move, an analyst from Wells Fargo downgraded its rating to Overweight, setting a price target of $70.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest ARM Holdings options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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