Whales with a lot of money to spend have taken a noticeably bullish stance on RH.
Looking at options history for RH RH we detected 13 trades.
If we consider the specifics of each trade, it is accurate to state that 53% of the investors opened trades with bullish expectations and 23% with bearish.
From the overall spotted trades, 8 are puts, for a total amount of $448,049 and 5, calls, for a total amount of $584,550.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $250.0 to $340.0 for RH over the last 3 months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for RH options trades today is 190.9 with a total volume of 371.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for RH's big money trades within a strike price range of $250.0 to $340.0 over the last 30 days.
RH 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RH | CALL | TRADE | BULLISH | 01/17/25 | $31.6 | $29.6 | $31.0 | $310.00 | $310.0K | 202 | 0 |
| RH | PUT | SWEEP | NEUTRAL | 11/15/24 | $19.0 | $18.3 | $19.0 | $250.00 | $193.8K | 273 | 104 |
| RH | CALL | SWEEP | BULLISH | 08/16/24 | $32.8 | $31.1 | $32.5 | $250.00 | $162.5K | 229 | 50 |
| RH | CALL | TRADE | BULLISH | 01/16/26 | $76.6 | $73.2 | $76.6 | $270.00 | $61.2K | 95 | 0 |
| RH | PUT | TRADE | BULLISH | 01/16/26 | $58.8 | $57.0 | $57.0 | $270.00 | $57.0K | 64 | 30 |
About RH
RH is a luxury retailer operating in the $134 billion domestic furniture and home furnishing industry. The firm offers merchandise across many categories including furniture, lighting, textiles, bath, decor, children, and is growing the presence of its hospitality business (with 17 restaurant locations). RH innovates, curates, and integrates products, categories, services, and businesses across channels and brand extensions (RH Modern and Waterworks, for example). RH is fully integrated across channels, and is positioned to broaden its total addressable market over the next decade by expanding abroad, and with its World of RH digital platform (highlighting offerings outside of home furnishings), along with future offerings in color, bespoke furniture, architeture, media, and more.
In light of the recent options history for RH, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is RH Standing Right Now?
- With a volume of 404,621, the price of RH is up 1.04% at $263.37.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 41 days.
Expert Opinions on RH
In the last month, 1 experts released ratings on this stock with an average target price of $315.0.
- An analyst from Stifel has revised its rating downward to Buy, adjusting the price target to $315.
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 RH options trades with real-time alerts from Benzinga Pro.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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