Investors with a lot of money to spend have taken a bearish stance on ASML Holding ASML.
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 ASML, 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 16 uncommon options trades for ASML Holding.
This isn't normal.
The overall sentiment of these big-money traders is split between 25% bullish and 75%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $56,711, and 14 are calls, for a total amount of $749,488.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $350.0 and $1020.0 for ASML Holding, spanning the last three months.
Insights into Volume & Open Interest
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 ASML Holding'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 ASML Holding's whale trades within a strike price range from $350.0 to $1020.0 in the last 30 days.
ASML Holding Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| ASML | CALL | TRADE | BEARISH | 04/19/24 | $600.00 | $175.6K | 50 | 0 |
| ASML | CALL | SWEEP | NEUTRAL | 02/16/24 | $740.00 | $92.9K | 159 | 0 |
| ASML | CALL | TRADE | BEARISH | 01/19/24 | $690.00 | $62.2K | 142 | 24 |
| ASML | CALL | TRADE | BULLISH | 01/19/24 | $690.00 | $61.4K | 142 | 8 |
| ASML | CALL | SWEEP | BEARISH | 01/19/24 | $690.00 | $60.4K | 142 | 0 |
About ASML Holding
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's main clients are TSMC, Samsung, and Intel.
Having examined the options trading patterns of ASML Holding, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of ASML Holding
- Currently trading with a volume of 172,974, the ASML's price is down by -0.43%, now at $749.3.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 29 days.
Expert Opinions on ASML Holding
1 market experts have recently issued ratings for this stock, with a consensus target price of $878.0.
- An analyst from JP Morgan persists with their Overweight rating on ASML Holding, maintaining a target price of $878.
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 ASML Holding 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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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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