Investors with a lot of money to spend have taken a bullish stance on ASML Holding ASML.
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 ASML, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 8 options trades for ASML Holding.
This isn't normal.
The overall sentiment of these big-money traders is split between 62% bullish and 37%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $219,000, and 7, calls, for a total amount of $278,948.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $290.0 to $730.0 for ASML Holding during the past quarter.
Volume & Open Interest Trends
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 ASML Holding'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 ASML Holding's whale activity within a strike price range from $290.0 to $730.0 in the last 30 days.
ASML Holding Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| ASML | PUT | TRADE | BULLISH | 01/17/25 | $620.00 | $219.0K | 205 | 50 |
| ASML | CALL | TRADE | BULLISH | 01/19/24 | $710.00 | $49.4K | 280 | 0 |
| ASML | CALL | SWEEP | BULLISH | 06/21/24 | $700.00 | $46.7K | 182 | 8 |
| ASML | CALL | TRADE | BULLISH | 04/19/24 | $290.00 | $41.2K | 2 | 0 |
| ASML | CALL | TRADE | BULLISH | 02/16/24 | $300.00 | $40.0K | 1 | 0 |
About ASML Holding
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's main clients are TSMC, Samsung, and Intel.
In light of the recent options history for ASML Holding, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of ASML Holding
- Currently trading with a volume of 167,704, the ASML's price is up by 0.76%, now at $697.31.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 48 days.
What Analysts Are Saying About ASML Holding
1 market experts have recently issued ratings for this stock, with a consensus target price of $878.0.
- Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for ASML Holding, targeting a price of $878.
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 ASML Holding, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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