High-rolling investors have positioned themselves bearish on Futu Hldgs FUTU, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in FUTU often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 8 options trades for Futu Hldgs. This is not a typical pattern.
The sentiment among these major traders is split, with 25% bullish and 75% bearish. Among all the options we identified, there was one put, amounting to $39,750, and 7 calls, totaling $282,645.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $50.0 to $120.0 for Futu Hldgs during the past quarter.
Analyzing Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Futu Hldgs's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Futu Hldgs's significant trades, within a strike price range of $50.0 to $120.0, over the past month.
Futu Hldgs Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| FUTU | CALL | SWEEP | BEARISH | 06/20/25 | $12.5 | $12.45 | $12.45 | $65.00 | $59.7K | 1 | 176 |
| FUTU | CALL | SWEEP | BULLISH | 06/20/25 | $12.8 | $12.15 | $12.75 | $65.00 | $49.7K | 1 | 1 |
| FUTU | CALL | SWEEP | BEARISH | 06/20/25 | $12.55 | $12.05 | $12.45 | $65.00 | $46.0K | 1 | 102 |
| FUTU | PUT | SWEEP | BULLISH | 01/17/25 | $2.66 | $2.65 | $2.65 | $50.00 | $39.7K | 595 | 12 |
| FUTU | CALL | SWEEP | BEARISH | 06/20/25 | $13.05 | $12.7 | $12.7 | $65.00 | $36.8K | 1 | 1 |
About Futu Hldgs
Futu Holdings Ltd is an online broker providing one-stop online investing services. The company provides its services through its digital platform Futu NiuNiu, which includes market data, trading service, and news feed of Hong Kong, Mainland China, Singapore, and United States equity markets. It generates its revenue in the form of brokerage commission and handling charge services.
Having examined the options trading patterns of Futu Hldgs, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Current Position of Futu Hldgs
- Currently trading with a volume of 781,241, the FUTU's price is down by -1.15%, now at $63.08.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 35 days.
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 Futu Hldgs with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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