Spotlight on Vodafone Group: Analyzing the Surge in Options Activity

Investors with a lot of money to spend have taken a bullish stance on Vodafone Group VOD.

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 VOD, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 19 options trades for Vodafone Group.

This isn't normal.

The overall sentiment of these big-money traders is split between 84% bullish and 15%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $36,566, and 18, calls, for a total amount of $1,567,375.

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 $10.0 and $10.0 for Vodafone Group, spanning the last three months.

Volume & Open Interest Trends

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Vodafone Group'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 Vodafone Group's whale trades within a strike price range from $10.0 to $10.0 in the last 30 days.

Vodafone Group Call and Put Volume: 30-Day Overview

Noteworthy Options Activity:

About Vodafone Group

Vodafone operates mobile and fixed-line networks and businesses in more than 20 countries. Its largest market is Germany, where it is the second mobile operator after Deutsche Telekom and owns a cable network after acquiring Kabel Deutschland in 2013 and Liberty Global Germany in 2019. In the U.K. and Italy, it acts as a mobile operator, while in Spain it offers converged services after the acquisition of cable operator Ono in 2014. Vodafone also has operations in several Central European and African countries, which combined represent around one third of revenue.

In light of the recent options history for Vodafone Group, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Where Is Vodafone Group Standing Right Now?

• With a trading volume of 7,231,192, the price of VOD is down by -0.99%, reaching $9.04.
• Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
• Next earnings report is scheduled for 169 days from now.

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 Vodafone Group with Benzinga Pro for real-time alerts.