Financial giants have made a conspicuous bearish move on Endeavor Gr Hldgs. Our analysis of options history for Endeavor Gr Hldgs EDR revealed 22 unusual trades.
Delving into the details, we found 27% of traders were bullish, while 72% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $99,156, and 20 were calls, valued at $1,830,014.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $22.5 and $28.0 for Endeavor Gr Hldgs, spanning the last three months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of Endeavor Gr Hldgs stands at 17797.6, with a total volume reaching 57,186.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Endeavor Gr Hldgs, situated within the strike price corridor from $22.5 to $28.0, throughout the last 30 days.
Endeavor Gr Hldgs Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| EDR | CALL | SWEEP | BULLISH | 02/16/24 | $22.50 | $185.0K | 29.6K | 516 |
| EDR | CALL | SWEEP | BEARISH | 02/16/24 | $22.50 | $175.7K | 29.6K | 3.9K |
| EDR | CALL | SWEEP | BEARISH | 02/16/24 | $22.50 | $166.5K | 29.6K | 966 |
| EDR | CALL | SWEEP | BEARISH | 02/16/24 | $22.50 | $144.5K | 29.6K | 2.7K |
| EDR | CALL | SWEEP | BEARISH | 02/16/24 | $22.50 | $144.5K | 29.6K | 2.3K |
About Endeavor Gr Hldgs
Endeavor Group Holdings Inc is an entertainment, sports and content company. It offers services through its integrated capabilities of talent representation, content development, content distribution and sales, event management, marketing and licensing, and direct-to-consumer offerings. It operates its business in three segments: Owned Sports Properties; Events, Experiences & Rights; and Representation.
Where Is Endeavor Gr Hldgs Standing Right Now?
- With a trading volume of 8,610,385, the price of EDR is up by 3.72%, reaching $25.52.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 35 days from now.
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 Endeavor Gr Hldgs with Benzinga Pro for real-time alerts.
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