Investors with a lot of money to spend have taken a bullish stance on Hilton Worldwide Holdings HLT.
And retail traders should know.
We noticed this today when the trades 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 HLT, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 11 uncommon options trades for Hilton Worldwide Holdings.
This isn't normal.
The overall sentiment of these big-money traders is split between 72% bullish and 27%, bearish.
Out of all of the special options we uncovered, 5 are puts, for a total amount of $304,000, and 6 are calls, for a total amount of $370,627.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $175.0 to $185.0 for Hilton Worldwide Holdings over the recent three 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 Hilton Worldwide Holdings'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 Hilton Worldwide Holdings's whale activity within a strike price range from $175.0 to $185.0 in the last 30 days.
Hilton Worldwide Holdings Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| HLT | CALL | SWEEP | BEARISH | 01/17/25 | $175.00 | $169.2K | 295 | 154 |
| HLT | PUT | SWEEP | BULLISH | 01/17/25 | $185.00 | $162.6K | 164 | 99 |
| HLT | CALL | SWEEP | BULLISH | 01/17/25 | $175.00 | $50.1K | 295 | 185 |
| HLT | CALL | SWEEP | BULLISH | 01/17/25 | $175.00 | $49.5K | 295 | 17 |
| HLT | PUT | SWEEP | BULLISH | 01/17/25 | $180.00 | $43.2K | 144 | 52 |
About Hilton Worldwide Holdings
Hilton Worldwide Holdings operates 1,127,430 rooms across its 20 plus brands addressing the premium economy scale through luxury segments as of Dec. 31, 2022. Hampton and Hilton are the two largest brands by total room count at 28% and 13%, respectively, as of Dec. 31, 2022. Recent brands launched over the last few years include Home2, Curio, Canopy, Spark, Tru, Tempo, and Project H3. Managed and franchised represent the vast majority of adjusted EBITDA, predominantly from the Americas regions.
In light of the recent options history for Hilton Worldwide Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Hilton Worldwide Holdings's Current Market Status
- Trading volume stands at 415,030, with HLT's price down by -0.3%, positioned at $178.04.
- RSI indicators show the stock to be may be overbought.
- Earnings announcement expected in 57 days.
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 Hilton Worldwide Holdings with Benzinga Pro for real-time alerts.
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