Whales with a lot of money to spend have taken a noticeably bearish stance on SentinelOne.
Looking at options history for SentinelOne S we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 0% of the investors opened trades with bullish expectations and 100% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $57,155 and 6, calls, for a total amount of $921,880.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $18.0 to $37.0 for SentinelOne over the recent 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 SentinelOne'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 SentinelOne's whale activity within a strike price range from $18.0 to $37.0 in the last 30 days.
SentinelOne 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| S | CALL | SWEEP | BEARISH | 01/17/25 | $2.1 | $2.05 | $2.1 | $20.00 | $292.2K | 4.1K | 1.3K |
| S | CALL | SWEEP | BEARISH | 01/17/25 | $2.05 | $2.0 | $2.05 | $20.00 | $234.1K | 4.1K | 3.1K |
| S | CALL | SWEEP | BEARISH | 01/17/25 | $2.15 | $2.0 | $2.01 | $20.00 | $173.9K | 4.1K | 4.0K |
| S | CALL | SWEEP | BEARISH | 01/17/25 | $2.2 | $2.05 | $2.06 | $20.00 | $126.5K | 4.1K | 1.3K |
| S | CALL | SWEEP | BEARISH | 01/17/25 | $2.1 | $1.95 | $2.0 | $20.00 | $57.8K | 4.1K | 4.8K |
About SentinelOne
SentinelOne is a cloud-based cybersecurity company specializing in endpoint protection. SentinelOne's primary offering is its Singularity platform that offers a single pane of glass for an enterprise to detect and respond to security threats attacking its IT infrastructure. The California-based firm was founded in 2013 and went public in 2021.
In light of the recent options history for SentinelOne, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Current Position of SentinelOne
- Trading volume stands at 4,925,607, with S's price down by -0.37%, positioned at $17.27.
- RSI indicators show the stock to be may be oversold.
- Earnings announcement expected in 84 days.
Expert Opinions on SentinelOne
In the last month, 5 experts released ratings on this stock with an average target price of $27.2.
- In a cautious move, an analyst from JMP Securities downgraded its rating to Market Outperform, setting a price target of $33.
- An analyst from Needham persists with their Buy rating on SentinelOne, maintaining a target price of $25.
- Maintaining their stance, an analyst from UBS continues to hold a Buy rating for SentinelOne, targeting a price of $27.
- Maintaining their stance, an analyst from Barclays continues to hold a Equal-Weight rating for SentinelOne, targeting a price of $22.
- An analyst from B of A Securities has decided to maintain their Buy rating on SentinelOne, which currently sits at a price target of $29.
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 SentinelOne options trades with real-time alerts from Benzinga Pro.
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Comments
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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