Estee Lauder Cos's Options Frenzy: What You Need to Know

Whales with a lot of money to spend have taken a noticeably bearish stance on Estee Lauder Cos.

Looking at options history for Estee Lauder Cos EL we detected 10 trades.

If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 60% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $332,500 and 7, calls, for a total amount of $689,248.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $140.0 to $155.0 for Estee Lauder Cos 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 Estee Lauder Cos'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 Estee Lauder Cos's whale activity within a strike price range from $140.0 to $155.0 in the last 30 days.

Estee Lauder Cos Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

About Estee Lauder Cos

Estee Lauder is a leader in the global prestige beauty market, participating across skin care (56% of 2022 sales), makeup (26%), fragrance (14%), and hair care (4%) categories, with top-selling brands such as Estee Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 26% of revenue from the Americas, 43% from Europe, the Middle East and Africa (including travel retail), and 31% from Asia Pacific. Estee Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.

Having examined the options trading patterns of Estee Lauder Cos, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Where Is Estee Lauder Cos Standing Right Now?

• Currently trading with a volume of 1,300,629, the EL's price is down by -0.85%, now at $145.0.
• RSI readings suggest the stock is currently may be approaching overbought.
• Anticipated earnings release is in 34 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 Estee Lauder Cos with Benzinga Pro for real-time alerts.