Financial giants have made a conspicuous bearish move on Toll Brothers. Our analysis of options history for Toll Brothers TOL revealed 8 unusual trades.
Delving into the details, we found 0% of traders were bullish, while 87% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $874,152, and 3 were calls, valued at $143,490.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $144.0 to $170.0 for Toll Brothers during the past quarter.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Toll Brothers options trades today is 298.4 with a total volume of 5,197.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Toll Brothers's big money trades within a strike price range of $144.0 to $170.0 over the last 30 days.
Toll Brothers 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 |
---|---|---|---|---|---|---|---|---|---|---|---|
TOL | PUT | SWEEP | BEARISH | 12/20/24 | $4.1 | $3.3 | $3.6 | $144.00 | $295.8K | 165 | 806 |
TOL | PUT | SWEEP | BEARISH | 01/17/25 | $10.1 | $10.1 | $10.1 | $150.00 | $219.1K | 519 | 245 |
TOL | PUT | SWEEP | BEARISH | 12/20/24 | $4.1 | $3.6 | $4.0 | $144.00 | $195.9K | 165 | 1.7K |
TOL | PUT | SWEEP | BEARISH | 12/20/24 | $3.8 | $3.7 | $3.8 | $144.00 | $98.4K | 165 | 996 |
TOL | CALL | TRADE | NEUTRAL | 12/20/24 | $3.4 | $3.1 | $3.25 | $145.00 | $73.4K | 175 | 231 |
About Toll Brothers
Toll Brothers is the leading luxury homebuilder in the United States with an average sale price well above public competitors'. The company operates in over 60 markets across 24 states and caters to move-up, active-adult, and second-home buyers. Traditional homebuilding operations represent most of company's revenue. Toll Brothers also builds luxury for-sale and for-rent properties in urban centers across the US It has its headquarters in Horsham, Pennsylvania.
Having examined the options trading patterns of Toll Brothers, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Toll Brothers's Current Market Status
- With a trading volume of 878,276, the price of TOL is down by -1.38%, reaching $143.59.
- Current RSI values indicate that the stock is may be approaching oversold.
- Next earnings report is scheduled for 69 days from now.
What Analysts Are Saying About Toll Brothers
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $167.0.
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. * Consistent in their evaluation, an analyst from RBC Capital keeps a Outperform rating on Toll Brothers with a target price of $150. * An analyst from Evercore ISI Group persists with their Outperform rating on Toll Brothers, maintaining a target price of $184.
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 Toll Brothers with Benzinga Pro for real-time alerts.
© 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.