A Closer Look at Deere's Options Market Dynamics

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Financial giants have made a conspicuous bearish move on Deere. Our analysis of options history for Deere DE revealed 9 unusual trades.

Delving into the details, we found 22% of traders were bullish, while 55% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $67,795, and 7 were calls, valued at $577,764.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $330.0 and $410.0 for Deere, spanning the last three months.

Volume & Open Interest Trends

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Deere's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Deere's substantial trades, within a strike price spectrum from $330.0 to $410.0 over the preceding 30 days.

Deere Option Activity Analysis: Last 30 Days

Options Call Chart

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
DE CALL SWEEP BEARISH 06/20/25 $47.05 $45.8 $45.8 $370.00 $137.6K 24 62
DE CALL SWEEP BEARISH 03/21/25 $30.65 $28.2 $28.2 $390.00 $113.1K 8 46
DE CALL SWEEP NEUTRAL 06/20/25 $47.05 $45.8 $45.8 $370.00 $101.0K 24 12
DE CALL TRADE BEARISH 07/19/24 $11.05 $9.25 $9.25 $370.00 $92.5K 917 107
DE CALL SWEEP NEUTRAL 03/21/25 $20.5 $20.25 $20.25 $410.00 $60.9K 64 30

About Deere

Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.

Following our analysis of the options activities associated with Deere, we pivot to a closer look at the company's own performance.

Current Position of Deere

  • With a volume of 297,946, the price of DE is down -0.04% at $371.11.
  • RSI indicators hint that the underlying stock may be oversold.
  • Next earnings are expected to be released in 70 days.

What Analysts Are Saying About Deere

5 market experts have recently issued ratings for this stock, with a consensus target price of $429.2.

  • An analyst from Stifel persists with their Buy rating on Deere, maintaining a target price of $450.
  • Consistent in their evaluation, an analyst from JP Morgan keeps a Neutral rating on Deere with a target price of $385.
  • An analyst from TD Cowen persists with their Hold rating on Deere, maintaining a target price of $390.
  • Maintaining their stance, an analyst from Oppenheimer continues to hold a Outperform rating for Deere, targeting a price of $456.
  • An analyst from Oppenheimer persists with their Outperform rating on Deere, maintaining a target price of $465.

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 Deere with Benzinga Pro for real-time alerts.

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