Whales with a lot of money to spend have taken a noticeably bullish stance on Crocs.
Looking at options history for Crocs CROX we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 60% of the investors opened trades with bullish expectations and 30% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $447,368 and 4, calls, for a total amount of $352,969.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $110.0 and $147.0 for Crocs, spanning the last three months.
Analyzing Volume & Open Interest
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 Crocs'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 Crocs's whale activity within a strike price range from $110.0 to $147.0 in the last 30 days.
Crocs 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CROX | PUT | SWEEP | BEARISH | 05/10/24 | $3.8 | $3.7 | $3.7 | $120.00 | $180.6K | 21 | 44 |
| CROX | CALL | TRADE | BULLISH | 05/17/24 | $1.85 | $1.65 | $1.8 | $145.00 | $180.0K | 2.7K | 1.0K |
| CROX | CALL | SWEEP | BULLISH | 09/20/24 | $16.6 | $16.4 | $16.4 | $125.00 | $93.4K | 293 | 61 |
| CROX | PUT | SWEEP | BULLISH | 06/07/24 | $2.05 | $1.8 | $1.85 | $110.00 | $76.5K | 4 | 30 |
| CROX | PUT | TRADE | NEUTRAL | 05/10/24 | $5.1 | $4.7 | $4.91 | $123.00 | $61.3K | 19 | 0 |
About Crocs
Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children. The reportable geographic segments of the company include the Americas, Asia Pacific, and EMEA.
Where Is Crocs Standing Right Now?
- With a volume of 1,007,316, the price of CROX is up 2.47% at $127.35.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 1 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 Crocs options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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