Investors with a lot of money to spend have taken a bullish stance on Anheuser-Busch InBev BUD.
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with BUD, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 10 options trades for Anheuser-Busch InBev.
This isn't normal.
The overall sentiment of these big-money traders is split between 50% bullish and 50%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $55,471, and 9, calls, for a total amount of $780,555.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $40.0 to $75.0 for Anheuser-Busch InBev over the last 3 months.
Analyzing Volume & Open Interest
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 Anheuser-Busch InBev'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 Anheuser-Busch InBev's whale trades within a strike price range from $40.0 to $75.0 in the last 30 days.
Anheuser-Busch InBev Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| BUD | CALL | TRADE | BEARISH | 01/17/25 | $40.00 | $427.0K | 142 | 0 |
| BUD | CALL | TRADE | BEARISH | 01/17/25 | $75.00 | $83.0K | 11.4K | 0 |
| BUD | CALL | SWEEP | BULLISH | 06/21/24 | $40.00 | $77.8K | 157 | 74 |
| BUD | PUT | SWEEP | BEARISH | 06/21/24 | $65.00 | $55.4K | 1.2K | 0 |
| BUD | CALL | SWEEP | BULLISH | 06/21/24 | $40.00 | $40.1K | 157 | 41 |
About Anheuser-Busch InBev
Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, according to Euromonitor, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and U.S.-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev and in 2016 it acquired SABMiller.
Following our analysis of the options activities associated with Anheuser-Busch InBev, we pivot to a closer look at the company's own performance.
Anheuser-Busch InBev's Current Market Status
- With a trading volume of 657,453, the price of BUD is up by 0.38%, reaching $62.85.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 91 days from now.
Professional Analyst Ratings for Anheuser-Busch InBev
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $79.0.
- An analyst from JP Morgan persists with their Overweight rating on Anheuser-Busch InBev, maintaining a target price of $79.
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 Anheuser-Busch InBev, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
