Decoding Intuit's Options Activity: What's the Big Picture?

High-rolling investors have positioned themselves bearish on Intuit INTU, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in INTU often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 12 options trades for Intuit. This is not a typical pattern.

The sentiment among these major traders is split, with 25% bullish and 75% bearish. Among all the options we identified, there was one put, amounting to $38,150, and 11 calls, totaling $899,480.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $610.0 and $670.0 for Intuit, spanning the last three months.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Intuit's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Intuit's significant trades, within a strike price range of $610.0 to $670.0, over the past month.

Intuit Option Activity Analysis: Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
INTU CALL SWEEP BEARISH 04/17/25 $24.8 $24.1 $24.1 $670.00 $144.6K 134 320
INTU CALL SWEEP BEARISH 04/17/25 $24.8 $24.0 $24.0 $670.00 $129.6K 134 320
INTU CALL SWEEP BEARISH 04/17/25 $43.0 $42.0 $42.79 $630.00 $128.8K 30 30
INTU CALL TRADE BEARISH 04/17/25 $24.9 $24.1 $24.3 $670.00 $92.3K 134 48
INTU CALL TRADE BEARISH 04/17/25 $25.0 $24.1 $24.1 $670.00 $91.5K 134 86

About Intuit

Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of US market share for small-business accounting and do-it-yourself tax-filing software.

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

Present Market Standing of Intuit

  • Currently trading with a volume of 527,705, the INTU's price is down by -0.06%, now at $629.87.
  • RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
  • Anticipated earnings release is in 45 days.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. 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 Intuit options trades with real-time alerts from Benzinga Pro.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date of Trade
▲▼
ticker
▲▼
Put/Call
▲▼
Strike Price
▲▼
DTE
▲▼
Sentiment
▲▼
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!