Decoding Archer-Daniels Midland's Options Activity: What's the Big Picture?

Financial giants have made a conspicuous bearish move on Archer-Daniels Midland. Our analysis of options history for Archer-Daniels Midland ADM revealed 15 unusual trades.

Delving into the details, we found 26% of traders were bullish, while 73% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $484,975, and 9 were calls, valued at $1,157,821.

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 $45.0 and $75.0 for Archer-Daniels Midland, 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 Archer-Daniels Midland'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 Archer-Daniels Midland's whale trades within a strike price range from $45.0 to $75.0 in the last 30 days.

Archer-Daniels Midland 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

About Archer-Daniels Midland

Archer-Daniels Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. The company is also one of the largest grain merchandisers through its extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients and is a large producer of corn-based sweeteners, starches, and ethanol.

Where Is Archer-Daniels Midland Standing Right Now?

• With a trading volume of 2,795,203, the price of ADM is down by -0.72%, reaching $57.79.
• Current RSI values indicate that the stock is may be overbought.
• Next earnings report is scheduled for 39 days from now.

What The Experts Say On Archer-Daniels Midland

Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $66.33333333333333.

• Consistent in their evaluation, an analyst from Jefferies keeps a Hold rating on Archer-Daniels Midland with a target price of $65.
• Consistent in their evaluation, an analyst from B of A Securities keeps a Neutral rating on Archer-Daniels Midland with a target price of $74.
• Consistent in their evaluation, an analyst from BMO Capital keeps a Market Perform rating on Archer-Daniels Midland with a target price of $60.

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 Archer-Daniels Midland with Benzinga Pro for real-time alerts.