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.
Financial giants have made a conspicuous bearish move on ASML Holding. Our analysis of options history for ASML Holding (NASDAQ:ASML) revealed 34 unusual trades.
Delving into the details, we found 44% of traders were bullish, while 55% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $306,260, and 27 were calls, valued at $1,661,530.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $570.0 to $1100.0 for ASML Holding over the recent three months.
Insights into Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for ASML Holding's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across ASML Holding's significant trades, within a strike price range of $570.0 to $1100.0, over the past month.
ASML Holding 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 |
|---|---|---|---|---|---|---|---|---|
| ASML | CALL | TRADE | BEARISH | 07/19/24 | $1100.00 | $399.0K | 19 | 150 |
| ASML | CALL | TRADE | BEARISH | 09/20/24 | $1000.00 | $180.2K | 215 | 82 |
| ASML | CALL | SWEEP | BEARISH | 03/15/24 | $890.00 | $157.6K | 202 | 0 |
| ASML | CALL | SWEEP | BULLISH | 01/17/25 | $1000.00 | $88.5K | 212 | 10 |
| ASML | PUT | TRADE | BEARISH | 02/16/24 | $915.00 | $76.3K | 118 | 147 |
About ASML Holding
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's main clients are TSMC, Samsung, and Intel.
Following our analysis of the options activities associated with ASML Holding, we pivot to a closer look at the company's own performance.
ASML Holding's Current Market Status
- With a volume of 667,529, the price of ASML is up 1.49% at $916.79.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 63 days.
What The Experts Say On ASML Holding
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $983.3333333333334.
- An analyst from Raymond James has decided to maintain their Strong Buy rating on ASML Holding, which currently sits at a price target of $850.
- Maintaining their stance, an analyst from Susquehanna continues to hold a Positive rating for ASML Holding, targeting a price of $1100.
- Consistent in their evaluation, an analyst from Raymond James keeps a Strong Buy rating on ASML Holding with a target price of $1000.
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 ASML Holding, 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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