Deep-pocketed investors have adopted a bullish approach towards Ford Motor F, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in F usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 15 extraordinary options activities for Ford Motor. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 60% leaning bullish and 40% bearish. Among these notable options, 8 are puts, totaling $912,494, and 7 are calls, amounting to $385,700.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $9.35 to $12.35 for Ford Motor over the recent three months.
Insights into Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Ford Motor's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Ford Motor's significant trades, within a strike price range of $9.35 to $12.35, over the past month.
Ford Motor Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| F | PUT | TRADE | BEARISH | 06/21/24 | $9.35 | $343.7K | 45.1K | 11.3K |
| F | PUT | TRADE | BULLISH | 06/21/24 | $9.35 | $275.0K | 45.1K | 5.0K |
| F | CALL | SWEEP | BULLISH | 01/17/25 | $9.35 | $101.2K | 13.4K | 532 |
| F | PUT | SWEEP | BEARISH | 01/17/25 | $10.00 | $80.1K | 70.9K | 653 |
| F | CALL | SWEEP | BULLISH | 01/17/25 | $10.00 | $78.3K | 7.8K | 508 |
About Ford Motor
Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. In March 2022, the company announced that it will run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor. The company has about 13% market share in the United States, about 6.5% share in Europe, and about 2.1% share in China including unconsolidated affiliates. We expect market share to increase as inventory improves coming out of the chip shortage. Sales in the U.S. made up about 67% of 2022 total company revenue. Ford has about 173,000 employees, including about 57,000 UAW employees, and is based in Dearborn, Michigan.
After a thorough review of the options trading surrounding Ford Motor, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is Ford Motor Standing Right Now?
- With a trading volume of 25,078,473, the price of F is up by 2.0%, reaching $10.46.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 62 days from now.
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 Ford Motor options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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