Unpacking the Latest Options Trading Trends in Estee Lauder Cos

Whales with a lot of money to spend have taken a noticeably bearish stance on Estee Lauder Cos.

Looking at options history for Estee Lauder Cos EL we detected 12 trades.

If we consider the specifics of each trade, it is accurate to state that 41% of the investors opened trades with bullish expectations and 58% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $392,450 and 6, calls, for a total amount of $813,800.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $120.0 to $135.0 for Estee Lauder Cos over the last 3 months.

Insights into Volume & Open Interest

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 Estee Lauder Cos'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 Estee Lauder Cos's whale activity within a strike price range from $120.0 to $135.0 in the last 30 days.

Estee Lauder Cos 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

About Estee Lauder Cos

Estee Lauder is a leader in the global prestige beauty market, participating across skin care (56% of 2022 sales), makeup (26%), fragrance (14%), and hair care (4%) categories, with top-selling brands such as Estee Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 26% of revenue from the Americas, 43% from Europe, the Middle East and Africa (including travel retail), and 31% from Asia Pacific. Estee Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.

After a thorough review of the options trading surrounding Estee Lauder Cos, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Present Market Standing of Estee Lauder Cos

• Trading volume stands at 949,751, with EL's price down by -0.04%, positioned at $122.58.
• RSI indicators show the stock to be is currently neutral between overbought and oversold.
• Earnings announcement expected in 76 days.

What Analysts Are Saying About Estee Lauder Cos

In the last month, 5 experts released ratings on this stock with an average target price of $126.2.

• An analyst from RBC Capital has revised its rating downward to Sector Perform, adjusting the price target to $115.
• An analyst from DA Davidson has decided to maintain their Buy rating on Estee Lauder Cos, which currently sits at a price target of $146.
• An analyst from Morgan Stanley has decided to maintain their Overweight rating on Estee Lauder Cos, which currently sits at a price target of $134.
• An analyst from Berenberg has revised its rating downward to Hold, adjusting the price target to $118.
• Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on Estee Lauder Cos with a target price of $118.

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 Estee Lauder Cos options trades with real-time alerts from Benzinga Pro.