Financial giants have made a conspicuous bullish move on e.l.f. Beauty. Our analysis of options history for e.l.f. Beauty ELF revealed 14 unusual trades.
Delving into the details, we found 42% of traders were bullish, while 35% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $256,909, and 10 were calls, valued at $334,302.
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 $100.0 to $270.0 for e.l.f. Beauty during the past quarter.
Volume & Open Interest Trends
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 e.l.f. Beauty'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 e.l.f. Beauty's whale trades within a strike price range from $100.0 to $270.0 in the last 30 days.
e.l.f. Beauty Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ELF | PUT | TRADE | BULLISH | 06/20/25 | $107.2 | $104.9 | $104.9 | $270.00 | $104.9K | 0 | 10 |
| ELF | PUT | TRADE | BEARISH | 11/15/24 | $23.4 | $23.0 | $23.4 | $180.00 | $79.5K | 105 | 41 |
| ELF | CALL | TRADE | BEARISH | 09/27/24 | $14.6 | $14.0 | $14.0 | $165.00 | $70.0K | 64 | 1 |
| ELF | PUT | SWEEP | BEARISH | 08/30/24 | $0.95 | $0.9 | $0.95 | $152.50 | $42.8K | 54 | 457 |
| ELF | CALL | TRADE | BEARISH | 08/30/24 | $7.1 | $6.9 | $6.9 | $170.00 | $33.8K | 136 | 209 |
About e.l.f. Beauty
e.l.f. Beauty Inc is a multi-brand beauty company that offers inclusive, accessible, clean, vegan and cruelty-free cosmetics and skin care products. The Company's mission is to make the best of beauty accessible to every eye, lip, face, and skin concern. The company offers cosmetic accessories for women which include eyeliner, mascara, false eyelashes, lipstick, the foundation for the face, moisturizer, cleanser, and other tools through its stores and e-commerce channels. The products that the company sells are marketed under the e.l.f. Cosmetics, W3LL PEOPLE and Keys Soulcare brands. It carries out sales within the US and internationally, out of which maximum revenue is generated from the US.
Having examined the options trading patterns of e.l.f. Beauty, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is e.l.f. Beauty Standing Right Now?
- With a volume of 484,270, the price of ELF is up 0.66% at $171.56.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 68 days.
What Analysts Are Saying About e.l.f. Beauty
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $232.0.
- An analyst from JP Morgan persists with their Overweight rating on e.l.f. Beauty, maintaining a target price of $207.
- An analyst from UBS persists with their Buy rating on e.l.f. Beauty, maintaining a target price of $230.
- An analyst from Baird persists with their Outperform rating on e.l.f. Beauty, maintaining a target price of $240.
- Maintaining their stance, an analyst from DA Davidson continues to hold a Buy rating for e.l.f. Beauty, targeting a price of $223.
- In a cautious move, an analyst from Piper Sandler downgraded its rating to Overweight, setting a price target of $260.
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 e.l.f. Beauty with Benzinga Pro for real-time alerts.
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