Investors with a lot of money to spend have taken a bullish stance on Texas Instruments TXN.
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with TXN, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 8 options trades for Texas Instruments.
This isn't normal.
The overall sentiment of these big-money traders is split between 50% bullish and 37%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $26,600, and 7, calls, for a total amount of $248,970.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $180.0 to $210.0 for Texas Instruments over the recent three months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Texas Instruments options trades today is 841.0 with a total volume of 1,424.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Texas Instruments's big money trades within a strike price range of $180.0 to $210.0 over the last 30 days.
Texas Instruments Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TXN | CALL | SWEEP | BULLISH | 03/21/25 | $13.05 | $13.0 | $13.05 | $210.00 | $63.9K | 977 | 2 |
| TXN | CALL | TRADE | BEARISH | 10/18/24 | $3.9 | $3.5 | $3.65 | $202.50 | $36.5K | 201 | 212 |
| TXN | CALL | TRADE | BULLISH | 12/20/24 | $7.8 | $7.7 | $7.8 | $210.00 | $31.2K | 1.8K | 258 |
| TXN | CALL | TRADE | BULLISH | 12/20/24 | $7.85 | $7.6 | $7.8 | $210.00 | $31.2K | 1.8K | 137 |
| TXN | CALL | TRADE | NEUTRAL | 12/20/24 | $7.9 | $7.6 | $7.75 | $210.00 | $31.0K | 1.8K | 137 |
About Texas Instruments
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
After a thorough review of the options trading surrounding Texas Instruments, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Texas Instruments's Current Market Status
- With a volume of 354,836, the price of TXN is down -1.05% at $202.81.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 12 days.
Expert Opinions on Texas Instruments
In the last month, 1 experts released ratings on this stock with an average target price of $200.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from Cantor Fitzgerald has decided to maintain their Neutral rating on Texas Instruments, which currently sits at a price target of $200.
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 Texas Instruments options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
