Financial giants have made a conspicuous bearish move on NXP Semiconductors. Our analysis of options history for NXP Semiconductors NXPI revealed 10 unusual trades.
Delving into the details, we found 20% of traders were bullish, while 80% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $121,000, and 8 were calls, valued at $552,840.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $192.5 to $240.0 for NXP Semiconductors over the recent three months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for NXP Semiconductors options trades today is 601.43 with a total volume of 448.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for NXP Semiconductors's big money trades within a strike price range of $192.5 to $240.0 over the last 30 days.
NXP Semiconductors 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| NXPI | CALL | TRADE | BEARISH | 01/19/24 | $200.00 | $138.0K | 2.7K | 41 |
| NXPI | CALL | TRADE | BEARISH | 01/19/24 | $200.00 | $116.2K | 2.7K | 10 |
| NXPI | CALL | TRADE | BEARISH | 01/19/24 | $200.00 | $100.1K | 2.7K | 78 |
| NXPI | PUT | SWEEP | BEARISH | 01/12/24 | $230.00 | $76.0K | 202 | 0 |
| NXPI | CALL | TRADE | BULLISH | 01/17/25 | $230.00 | $68.2K | 534 | 18 |
About NXP Semiconductors
NXP Semiconductors is a leading supplier of high-performance mixed-signal products. The firm acquired Freescale Semiconductor in 2015 and now has significant market share in the automotive market, where it supplies microcontrollers and analog chips into automotive clusters, powertrains, infotainment systems, and radars. NXP Semiconductors also serves industrial and Internet of Things, mobile, and communications infrastructure.
In light of the recent options history for NXP Semiconductors, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is NXP Semiconductors Standing Right Now?
- Currently trading with a volume of 966,151, the NXPI's price is up by 1.45%, now at $236.05.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 45 days.
What Analysts Are Saying About NXP Semiconductors
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $250.0.
- Maintaining their stance, an analyst from TD Cowen continues to hold a Outperform rating for NXP Semiconductors, targeting a price of $250.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for NXP Semiconductors, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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