Investors with a lot of money to spend have taken a bearish stance on Ansys ANSS.
And retail traders should know.
We noticed this today when the trades 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 ANSS, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 15 uncommon options trades for Ansys.
This isn't normal.
The overall sentiment of these big-money traders is split between 13% bullish and 86%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $103,389, and 12 are calls, for a total amount of $975,550.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $340.0 and $400.0 for Ansys, spanning the last three months.
Volume & Open Interest Development
In today's trading context, the average open interest for options of Ansys stands at 636.5, with a total volume reaching 2,767.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Ansys, situated within the strike price corridor from $340.0 to $400.0, throughout the last 30 days.
Ansys Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| ANSS | CALL | TRADE | BEARISH | 01/19/24 | $340.00 | $122.5K | 1.3K | 50 |
| ANSS | CALL | TRADE | BEARISH | 01/19/24 | $340.00 | $120.0K | 1.3K | 200 |
| ANSS | CALL | TRADE | BEARISH | 01/19/24 | $340.00 | $117.6K | 1.3K | 201 |
| ANSS | CALL | TRADE | NEUTRAL | 01/19/24 | $340.00 | $110.0K | 1.3K | 402 |
| ANSS | CALL | TRADE | NEUTRAL | 01/19/24 | $340.00 | $110.0K | 1.3K | 302 |
About Ansys
Ansys is an engineering software company that provides simulation capabilities for structural, fluids, semiconductor power, embedded software, optical, and electromagnetic properties. Ansys employs over 4,000 people and serves over 50,000 customers globally, including those in aerospace defense and automotive.
After a thorough review of the options trading surrounding Ansys, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of Ansys
- Trading volume stands at 256,620, with ANSS's price down by -0.52%, positioned at $361.01.
- RSI indicators show the stock to be may be overbought.
- Earnings announcement expected in 50 days.
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 Ansys 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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