This Is What Whales Are Betting On ASML Holding

Someone with a lot of money to spend has taken a bullish stance on ASML Holding ASML.

And retail traders should know.

We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with ASML, it often means somebody knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga's options scanner spotted 12 uncommon options trades for ASML Holding.

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 special options we uncovered, 2 are puts, for a total amount of $211,780, and 10 are calls, for a total amount of $971,833.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $540.0 to $640.0 for ASML Holding over the last 3 months.

Volume & Open Interest Development

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 $540.0 to $640.0 in the last 30 days.

ASML Holding Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
ASML CALL SWEEP BEARISH 10/20/23 $600.00 $185.0K 1.1K 217
ASML CALL SWEEP BULLISH 10/20/23 $602.50 $180.6K 189 102
ASML CALL SWEEP BULLISH 10/20/23 $600.00 $153.0K 1.1K 100
ASML CALL TRADE NEUTRAL 10/20/23 $600.00 $152.0K 1.1K 317
ASML PUT SWEEP BEARISH 12/15/23 $600.00 $107.2K 181 47

Where Is ASML Holding Standing Right Now?

  • With a volume of 109,120, the price of ASML is up 0.16% at $600.73.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 2 days.

What The Experts Say On ASML Holding:

  • JP Morgan has decided to maintain their Overweight rating on ASML Holding, which currently sits at a price target of $732.
  • Susquehanna has decided to maintain their Positive rating on ASML Holding, which currently sits at a price target of $810.

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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date of Trade
▲▼
ticker
▲▼
Put/Call
▲▼
Strike Price
▲▼
DTE
▲▼
Sentiment
▲▼
Posted In: OptionsMarketsBZI-UOA
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!