Financial giants have made a conspicuous bearish move on Beyond Meat. Our analysis of options history for Beyond Meat BYND revealed 12 unusual trades.
Delving into the details, we found 33% of traders were bullish, while 66% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $1,434,648, and 4 were calls, valued at $123,677.
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 $1.0 to $20.0 for Beyond Meat over the last 3 months.
Insights into Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Beyond Meat's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Beyond Meat's substantial trades, within a strike price spectrum from $1.0 to $20.0 over the preceding 30 days.
Beyond Meat Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| BYND | PUT | TRADE | BULLISH | 01/17/25 | $20.00 | $296.4K | 1.8K | 485 |
| BYND | PUT | TRADE | NEUTRAL | 01/17/25 | $20.00 | $250.7K | 1.8K | 1.0K |
| BYND | PUT | TRADE | NEUTRAL | 01/17/25 | $20.00 | $222.7K | 1.8K | 190 |
| BYND | PUT | TRADE | BULLISH | 01/17/25 | $20.00 | $207.0K | 1.8K | 837 |
| BYND | PUT | TRADE | BULLISH | 05/17/24 | $6.00 | $197.9K | 3.7K | 2.6K |
About Beyond Meat
Beyond Meat Inc is a provider of plant-based meat company offering a portfolio of revolutionary plant-based meats. It builds meat directly from plants, an innovation that enables consumers to experience the taste, texture and other sensory attributes of popular animal-based meat products while enjoying the nutritional and environmental benefits of eating plant-based meat product It has products such as burgers, sausage, ground beef, jerky, meatballs and chicken. The company generates revenue from sales of its products to the customers across mainstream grocery, mass merchandiser, club store, convenience store and natural retailer channels, and various food-away-from-home channels, including restaurants, foodservice outlets and schools, mainly in the United States.
In light of the recent options history for Beyond Meat, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Beyond Meat Standing Right Now?
- Trading volume stands at 2,095,905, with BYND's price up by 1.13%, positioned at $8.02.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 43 days.
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 Beyond Meat, Benzinga Pro gives you real-time options trades alerts.
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