Financial giants have made a conspicuous bullish move on Seagate Tech Hldgs. Our analysis of options history for Seagate Tech Hldgs STX revealed 9 unusual trades.
Delving into the details, we found 44% of traders were bullish, while 44% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $205,980, and 6 were calls, valued at $362,122.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $50.0 to $100.0 for Seagate Tech Hldgs over the recent three months.
Analyzing 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 Seagate Tech Hldgs's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Seagate Tech Hldgs's substantial trades, within a strike price spectrum from $50.0 to $100.0 over the preceding 30 days.
Seagate Tech Hldgs Option Activity Analysis: 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STX | PUT | TRADE | BULLISH | 01/16/26 | $4.0 | $2.65 | $2.8 | $50.00 | $108.0K | 1.4K | 500 |
| STX | CALL | SWEEP | BEARISH | 04/26/24 | $8.8 | $7.6 | $7.6 | $80.00 | $76.0K | 331 | 0 |
| STX | CALL | SWEEP | NEUTRAL | 04/26/24 | $8.3 | $7.1 | $7.31 | $80.00 | $73.0K | 331 | 100 |
| STX | PUT | TRADE | BULLISH | 01/16/26 | $23.6 | $23.3 | $23.3 | $100.00 | $69.9K | 1.0K | 30 |
| STX | CALL | SWEEP | BEARISH | 04/26/24 | $4.4 | $3.8 | $3.8 | $85.00 | $63.3K | 2.3K | 153 |
About Seagate Tech Hldgs
Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.
In light of the recent options history for Seagate Tech Hldgs, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Seagate Tech Hldgs's Current Market Status
- With a trading volume of 2,931,736, the price of STX is down by -3.66%, reaching $83.36.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 91 days from now.
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 Seagate Tech Hldgs, 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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