Whales with a lot of money to spend have taken a noticeably bullish stance on Williams-Sonoma.
Looking at options history for Williams-Sonoma WSM we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $282,521 and 3, calls, for a total amount of $299,960.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $230.0 to $320.0 for Williams-Sonoma during the past quarter.
Analyzing 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 Williams-Sonoma'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 Williams-Sonoma's whale trades within a strike price range from $230.0 to $320.0 in the last 30 days.
Williams-Sonoma Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WSM | CALL | TRADE | BULLISH | 04/19/24 | $20.3 | $20.0 | $20.3 | $290.00 | $203.0K | 427 | 101 |
| WSM | PUT | SWEEP | BEARISH | 06/21/24 | $14.4 | $14.3 | $14.4 | $290.00 | $158.4K | 726 | 150 |
| WSM | CALL | SWEEP | BEARISH | 04/19/24 | $4.7 | $4.4 | $4.51 | $320.00 | $67.6K | 760 | 13 |
| WSM | PUT | SWEEP | BEARISH | 06/21/24 | $4.4 | $4.3 | $4.3 | $250.00 | $39.9K | 197 | 94 |
| WSM | CALL | TRADE | BULLISH | 01/17/25 | $97.7 | $97.5 | $97.7 | $230.00 | $29.3K | 192 | 3 |
About Williams-Sonoma
With a retail and direct-to-consumer presence, Williams-Sonoma is a player in the $300 billion domestic home category and $450 billion international home market, focused on expanding its exposure in the B2B ($80 billion total addressable market), marketplace, and franchise areas. Namesake Williams-Sonoma (156 stores) offers high-end cooking essentials, while Pottery Barn (184) provides casual home accessories. Brand extensions include Pottery Barn Kids (46) and PBteen. West Elm (121) is an emerging concept for young professionals, and Rejuvenation (11) offers lighting and house parts. Williams-Sonoma also has a business-to-business team that supports projects that range from residential to large-scale commercial.
In light of the recent options history for Williams-Sonoma, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Williams-Sonoma's Current Market Status
- With a volume of 161,594, the price of WSM is down -0.08% at $314.68.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 49 days.
Professional Analyst Ratings for Williams-Sonoma
In the last month, 5 experts released ratings on this stock with an average target price of $239.2.
- An analyst from RBC Capital persists with their Outperform rating on Williams-Sonoma, maintaining a target price of $295.
- An analyst from Telsey Advisory Group persists with their Outperform rating on Williams-Sonoma, maintaining a target price of $265.
- Consistent in their evaluation, an analyst from B of A Securities keeps a Neutral rating on Williams-Sonoma with a target price of $250.
- Maintaining their stance, an analyst from Barclays continues to hold a Underweight rating for Williams-Sonoma, targeting a price of $232.
- Consistent in their evaluation, an analyst from Goldman Sachs keeps a Sell rating on Williams-Sonoma 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 Williams-Sonoma, Benzinga Pro gives you real-time options trades alerts.
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