Financial giants have made a conspicuous bearish move on ARM Holdings. Our analysis of options history for ARM Holdings ARM revealed 12 unusual trades.
Delving into the details, we found 41% of traders were bullish, while 58% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $262,559, and 5 were calls, valued at $164,870.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $42.5 to $85.0 for ARM Holdings over the recent three months.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for ARM Holdings options trades today is 397.45 with a total volume of 490.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for ARM Holdings's big money trades within a strike price range of $42.5 to $85.0 over the last 30 days.
ARM Holdings Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| ARM | PUT | TRADE | BEARISH | 04/19/24 | $70.00 | $48.0K | 365 | 51 |
| ARM | CALL | TRADE | BEARISH | 01/17/25 | $65.00 | $47.1K | 627 | 2 |
| ARM | PUT | SWEEP | BEARISH | 01/19/24 | $70.00 | $43.0K | 1.1K | 0 |
| ARM | PUT | TRADE | BULLISH | 04/19/24 | $80.00 | $41.3K | 97 | 25 |
| ARM | PUT | SWEEP | BEARISH | 03/15/24 | $57.50 | $41.0K | 10 | 164 |
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.
After a thorough review of the options trading surrounding ARM Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of ARM Holdings
- With a volume of 5,923,705, the price of ARM is down -2.54% at $67.17.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 43 days.
What Analysts Are Saying About ARM Holdings
In the last month, 2 experts released ratings on this stock with an average target price of $90.0.
- Maintaining their stance, an analyst from Rosenblatt continues to hold a Buy rating for ARM Holdings, targeting a price of $110.
- An analyst from Deutsche Bank has revised its rating downward to Hold, adjusting the price target to $70.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for ARM Holdings with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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