What the Options Market Tells Us About VinFast Auto

Whales with a lot of money to spend have taken a noticeably bullish stance on VinFast Auto.

Looking at options history for VinFast Auto VFS we detected 27 trades.

If we consider the specifics of each trade, it is accurate to state that 59% of the investors opened trades with bullish expectations and 40% with bearish.

From the overall spotted trades, 10 are puts, for a total amount of $485,335 and 17, calls, for a total amount of $715,174.

Get Started

Earn 7.2% — No Matter What the Fed Does

Markets expect rate cuts — but your earnings don’t have to suffer. Lock in 7.2% until 2028 from ten individual bonds.

Get Started

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $2.5 to $20.0 for VinFast Auto during the past quarter.

Volume & Open Interest Development

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in VinFast Auto's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to VinFast Auto's substantial trades, within a strike price spectrum from $2.5 to $20.0 over the preceding 30 days.

VinFast Auto Option Volume And Open Interest Over Last 30 Days

Largest Options Trades Observed:

About VinFast Auto

VinFast Auto Ltd manufacture cars, and motor vehicles, render leasing activities, trade smartphones, and related businesses. The company is engaged in designing and manufacturing premium EVs, e-scooters, and e-buses. The company's initial EV product line is an all-new range of fully-electric A- through E-segment SUVs. The Company has three reportable segments, namely Automobiles, E-scooter, Spare parts & Aftermarket services. The Automobiles segment includes the design, development, manufacturing, and sales of cars and electric buses. The E-scooter segment includes the design, development, manufacturing, and sales of e-scooters. The sales of spare parts and rendering of aftermarket services for automobiles and e-scooters are included in the Spare parts & Aftermarket services segment.

Present Market Standing of VinFast Auto

• Trading volume stands at 17,332,279, with VFS's price up by 14.68%, positioned at $8.67.
• RSI indicators show the stock to be may be overbought.
• Earnings announcement expected in 112 days.

What The Experts Say On VinFast Auto

In the last month, 2 experts released ratings on this stock with an average target price of $9.5.

• Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Overweight with a new price target of $7.
• In a cautious move, an analyst from Wedbush downgraded its rating to Outperform, setting a price target of $12.

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 VinFast Auto options trades with real-time alerts from Benzinga Pro.