Whales with a lot of money to spend have taken a noticeably bearish stance on Celsius Holdings.
Looking at options history for Celsius Holdings CELH we detected 11 trades.
If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 63% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $349,014 and 5, calls, for a total amount of $350,191.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $60.0 to $100.0 for Celsius Holdings over the recent three months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Celsius Holdings'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 Celsius Holdings's whale activity within a strike price range from $60.0 to $100.0 in the last 30 days.
Celsius Holdings Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CELH | PUT | SWEEP | BEARISH | 04/19/24 | $6.5 | $5.7 | $6.5 | $80.00 | $130.0K | 3.9K | 0 |
| CELH | CALL | SWEEP | BEARISH | 04/26/24 | $1.69 | $1.5 | $1.52 | $77.00 | $127.1K | 45 | 836 |
| CELH | CALL | SWEEP | BULLISH | 07/19/24 | $2.33 | $2.25 | $2.33 | $100.00 | $116.5K | 1.8K | 24 |
| CELH | PUT | SWEEP | BEARISH | 04/19/24 | $7.35 | $6.5 | $6.5 | $80.00 | $65.0K | 3.9K | 300 |
| CELH | PUT | SWEEP | BEARISH | 04/19/24 | $6.2 | $6.2 | $6.2 | $80.00 | $58.9K | 3.9K | 923 |
About Celsius Holdings
Celsius Holdings plays in the energy drink subsegment of the global nonalcoholic beverage market, with 96% of revenue concentrated in North America. Celsius' products contain natural ingredients and a metabolism-enhancing formulation, appealing to fitness and active lifestyle enthusiasts. The firm's portfolio includes its namesake Celsius Originals beverages (including those that are naturally caffeinated with stevia), Celsius Essentials line (containing aminos), and Celsius On-the-Go powder packets. Celsius focuses its time on branding and innovation, while it utilizes third parties for the manufacturing, packaging, and distribution of its products. In 2022, Celsius forged a 20-year distribution agreement with PepsiCo, which holds an 8.5% stake in the business.
Following our analysis of the options activities associated with Celsius Holdings, we pivot to a closer look at the company's own performance.
Where Is Celsius Holdings Standing Right Now?
- With a trading volume of 1,572,954, the price of CELH is down by -0.64%, reaching $73.02.
- Current RSI values indicate that the stock is may be approaching oversold.
- Next earnings report is scheduled for 21 days from now.
Expert Opinions on Celsius Holdings
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $75.0.
- Consistent in their evaluation, an analyst from Morgan Stanley keeps a Equal-Weight rating on Celsius Holdings with a target price of $75.
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 Celsius Holdings, 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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