Investors with a lot of money to spend have taken a bearish stance on Texas Instruments TXN.
And retail traders should know.
We noticed this today when the positions 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 TXN, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 8 options trades for Texas Instruments.
This isn't normal.
The overall sentiment of these big-money traders is split between 37% bullish and 62%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $56,183, and 7, calls, for a total amount of $278,716.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $160.0 and $210.0 for Texas Instruments, spanning the last three months.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for Texas Instruments options trades today is 1609.14 with a total volume of 518.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Texas Instruments's big money trades within a strike price range of $160.0 to $210.0 over the last 30 days.
Texas Instruments Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| TXN | CALL | SWEEP | NEUTRAL | 02/16/24 | $160.00 | $60.4K | 877 | 53 |
| TXN | CALL | SWEEP | NEUTRAL | 06/20/25 | $195.00 | $57.9K | 3 | 57 |
| TXN | PUT | SWEEP | BULLISH | 02/16/24 | $165.00 | $56.1K | 1.2K | 193 |
| TXN | CALL | SWEEP | BEARISH | 02/16/24 | $165.00 | $39.8K | 1.4K | 0 |
| TXN | CALL | SWEEP | NEUTRAL | 06/20/25 | $210.00 | $38.2K | 40 | 61 |
About Texas Instruments
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
Having examined the options trading patterns of Texas Instruments, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Texas Instruments's Current Market Status
- With a volume of 2,797,121, the price of TXN is down -1.5% at $166.01.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 14 days.
Professional Analyst Ratings for Texas Instruments
In the last month, 1 experts released ratings on this stock with an average target price of $154.0.
- Consistent in their evaluation, an analyst from Truist Securities keeps a Hold rating on Texas Instruments with a target price of $154.
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 Texas Instruments, 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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