Investors with a lot of money to spend have taken a bullish stance on Anheuser-Busch InBev BUD.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with BUD, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 9 options trades for Anheuser-Busch InBev.
This isn't normal.
The overall sentiment of these big-money traders is split between 88% bullish and 11%, bearish.
Out of all of the options we uncovered, 8 are puts, for a total amount of $1,896,547, and there was 1 call, for a total amount of $71,380.
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 $57.5 and $95.0 for Anheuser-Busch InBev, spanning the last three months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of Anheuser-Busch InBev stands at 371.33, with a total volume reaching 243.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Anheuser-Busch InBev, situated within the strike price corridor from $57.5 to $95.0, throughout the last 30 days.
Anheuser-Busch InBev 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BUD | PUT | SWEEP | BULLISH | 05/17/24 | $33.0 | $32.8 | $32.9 | $90.00 | $641.5K | 376 | 90 |
| BUD | PUT | SWEEP | BULLISH | 05/17/24 | $28.2 | $28.0 | $28.1 | $85.00 | $393.4K | 207 | 0 |
| BUD | PUT | SWEEP | BULLISH | 05/17/24 | $33.1 | $33.0 | $33.0 | $90.00 | $260.7K | 376 | 0 |
| BUD | PUT | SWEEP | BULLISH | 05/17/24 | $27.9 | $27.6 | $27.8 | $85.00 | $200.1K | 207 | 140 |
| BUD | PUT | SWEEP | BULLISH | 06/21/24 | $38.2 | $38.1 | $38.1 | $95.00 | $152.4K | 248 | 1 |
About Anheuser-Busch InBev
Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, according to Euromonitor, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and US-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev and in 2016 it acquired SABMiller.
Following our analysis of the options activities associated with Anheuser-Busch InBev, we pivot to a closer look at the company's own performance.
Present Market Standing of Anheuser-Busch InBev
- Currently trading with a volume of 262,256, the BUD's price is up by 0.62%, now at $57.72.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 20 days.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Anheuser-Busch InBev options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
