27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Deep-pocketed investors have adopted a bearish approach towards Ansys (NASDAQ:ANSS), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ANSS usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for Ansys. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 40% leaning bullish and 60% bearish. Among these notable options, 7 are puts, totaling $226,068, and 3 are calls, amounting to $125,000.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $360.0 to $410.0 for Ansys during the past quarter.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Ansys options trades today is 292.0 with a total volume of 284.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Ansys's big money trades within a strike price range of $360.0 to $410.0 over the last 30 days.
Ansys Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| ANSS | CALL | SWEEP | BEARISH | 01/19/24 | $380.00 | $50.0K | 1.0K | 55 |
| ANSS | CALL | SWEEP | NEUTRAL | 01/19/24 | $380.00 | $50.0K | 1.0K | 54 |
| ANSS | PUT | TRADE | NEUTRAL | 04/19/24 | $410.00 | $46.3K | 0 | 25 |
| ANSS | PUT | TRADE | BEARISH | 01/19/24 | $370.00 | $40.8K | 66 | 0 |
| ANSS | PUT | TRADE | BULLISH | 04/19/24 | $410.00 | $35.7K | 0 | 16 |
About Ansys
Ansys is an engineering software company that provides simulation capabilities for structural, fluids, semiconductor power, embedded software, optical, and electromagnetic properties. Ansys employs over 4,000 people and serves over 50,000 customers globally, including those in aerospace defense and automotive.
Having examined the options trading patterns of Ansys, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Ansys Standing Right Now?
- Trading volume stands at 124,853, with ANSS's price down by -0.38%, positioned at $360.49.
- RSI indicators show the stock to be may be overbought.
- Earnings announcement expected in 54 days.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Ansys, Benzinga Pro gives you real-time options trades alerts.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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