Investors with a lot of money to spend have taken a bullish stance on Ford Motor F.
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 these are institutions or just wealthy individuals, we don't know. But when something this big happens with F, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 9 uncommon options trades for Ford Motor.
This isn't normal.
The overall sentiment of these big-money traders is split between 55% bullish and 44%, bearish.
Out of all of the special options we uncovered, 4 are puts, for a total amount of $222,787, and 5 are calls, for a total amount of $309,929.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $9.82 to $19.82 for Ford Motor over the last 3 months.
Volume & Open Interest Development
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Ford Motor's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Ford Motor's significant trades, within a strike price range of $9.82 to $19.82, over the past month.
Ford Motor Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| F | PUT | SWEEP | BEARISH | 05/17/24 | $7.45 | $7.4 | $7.45 | $19.82 | $139.3K | 5 | 187 |
| F | CALL | SWEEP | BULLISH | 04/26/24 | $0.23 | $0.22 | $0.23 | $13.00 | $115.5K | 16.2K | 4.8K |
| F | CALL | SWEEP | BULLISH | 04/26/24 | $0.24 | $0.23 | $0.24 | $13.00 | $72.0K | 16.2K | 12.9K |
| F | CALL | SWEEP | BEARISH | 05/17/24 | $2.78 | $2.57 | $2.57 | $9.82 | $49.6K | 949 | 19 |
| F | CALL | SWEEP | BEARISH | 05/17/24 | $1.75 | $1.68 | $1.68 | $10.82 | $41.3K | 2.0K | 0 |
About Ford Motor
Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. In March 2022, the company announced that it will run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor. The company has nearly 13% market share in the United States, about 11% share in the U.K., and under 2% share in China including unconsolidated affiliates. Sales in the U.S. made up about 66% of 2023 total company revenue. Ford has about 177,000 employees, including about 59,000 UAW employees, and is based in Dearborn, Michigan.
Ford Motor's Current Market Status
- Trading volume stands at 18,694,843, with F's price up by 3.63%, positioned at $12.58.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 2 days.
Professional Analyst Ratings for Ford Motor
1 market experts have recently issued ratings for this stock, with a consensus target price of $16.0.
- An analyst from Barclays has decided to maintain their Overweight rating on Ford Motor, which currently sits at a price target of $16.
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 Ford Motor with Benzinga Pro for real-time alerts.
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