ARM Holdings's Options: A Look at What the Big Money is Thinking

Deep-pocketed investors have adopted a bullish approach towards ARM Holdings ARM, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ARM usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 88 extraordinary options activities for ARM Holdings. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 46% leaning bullish and 39% bearish. Among these notable options, 33 are puts, totaling $2,346,977, and 55 are calls, amounting to $4,649,133.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $70.0 to $230.0 for ARM Holdings over the last 3 months.

Insights into Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for ARM Holdings'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 ARM Holdings's whale trades within a strike price range from $70.0 to $230.0 in the last 30 days.

ARM Holdings 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

About ARM Holdings

Arm Holdings is the IP owner and developer of the ARM architecture (ARM stands for Acorn RISC Machine), which is used in 99% of the world's smartphone CPU cores, and it also has high market share in other battery-powered devices like wearables, tablets, or sensors. Arm licenses its architecture for a fee, offering different types of licenses depending on the flexibility the customer needs. Customers like Apple or Qualcomm buy architectural licenses, which allows them to modify the architecture and add or delete instructions to tailor the chips to their specific needs. Other clients directly buy off-the-shelf designs from Arm. Off-the-shelf and architectural customers pay a royalty fee per chip shipped.

In light of the recent options history for ARM Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Current Position of ARM Holdings

• With a trading volume of 5,985,945, the price of ARM is up by 0.37%, reaching $149.69.
• Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
• Next earnings report is scheduled for 5 days from now.

What The Experts Say On ARM Holdings

A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $190.0.

• An analyst from Morgan Stanley has elevated its stance to Overweight, setting a new price target at $190.

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 ARM Holdings options trades with real-time alerts from Benzinga Pro.