Whales with a lot of money to spend have taken a noticeably bearish stance on 3M.
Looking at options history for 3M MMM we detected 11 trades.
If we consider the specifics of each trade, it is accurate to state that 27% of the investors opened trades with bullish expectations and 45% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $71,510 and 9, calls, for a total amount of $2,033,285.
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 $100.0 to $175.0 for 3M during the past quarter.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for 3M'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 3M's whale activity within a strike price range from $100.0 to $175.0 in the last 30 days.
3M 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MMM | CALL | TRADE | BEARISH | 11/21/25 | $31.3 | $29.85 | $29.9 | $105.00 | $741.5K | 27 | 248 |
| MMM | CALL | SWEEP | BEARISH | 01/17/25 | $29.7 | $29.2 | $29.2 | $100.00 | $432.1K | 582 | 0 |
| MMM | CALL | TRADE | BEARISH | 01/17/25 | $29.4 | $29.0 | $29.0 | $100.00 | $287.1K | 582 | 248 |
| MMM | CALL | SWEEP | BULLISH | 01/16/26 | $35.3 | $34.05 | $34.65 | $100.00 | $263.3K | 68 | 100 |
| MMM | CALL | SWEEP | NEUTRAL | 01/17/25 | $0.27 | $0.21 | $0.24 | $141.00 | $102.4K | 0 | 8.4K |
About 3M
3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M's revenue comes from outside the Americas.
Having examined the options trading patterns of 3M, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is 3M Standing Right Now?
- With a volume of 1,139,548, the price of MMM is down -0.45% at $128.7.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 29 days.
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.
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 3M options trades with real-time alerts from Benzinga Pro.
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