Financial giants have made a conspicuous bullish move on Estee Lauder Cos. Our analysis of options history for Estee Lauder Cos EL revealed 9 unusual trades.
Delving into the details, we found 55% of traders were bullish, while 44% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $255,910, and 4 were calls, valued at $334,790.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $60.0 to $390.0 for Estee Lauder Cos over the last 3 months.
Volume & Open Interest Development
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Estee Lauder Cos's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Estee Lauder Cos's significant trades, within a strike price range of $60.0 to $390.0, over the past month.
Estee Lauder Cos Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| EL | CALL | TRADE | BEARISH | 01/16/26 | $60.00 | $234.0K | 0 | 0 |
| EL | PUT | SWEEP | BULLISH | 01/19/24 | $390.00 | $101.3K | 0 | 7 |
| EL | PUT | SWEEP | BULLISH | 01/19/24 | $390.00 | $76.0K | 0 | 3 |
| EL | CALL | TRADE | BEARISH | 02/09/24 | $133.00 | $41.3K | 1 | 68 |
| EL | CALL | TRADE | BEARISH | 02/09/24 | $136.00 | $31.7K | 3 | 47 |
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.
Following our analysis of the options activities associated with Estee Lauder Cos, we pivot to a closer look at the company's own performance.
Estee Lauder Cos's Current Market Status
- With a trading volume of 1,518,924, the price of EL is down by -1.15%, reaching $134.11.
- Current RSI values indicate that the stock is may be approaching oversold.
- Next earnings report is scheduled for 25 days from now.
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 Estee Lauder Cos, 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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