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.
Investors with a lot of money to spend have taken a bearish stance on ASML Holding (NASDAQ:ASML).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ASML, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 25 uncommon options trades for ASML Holding.
This isn't normal.
The overall sentiment of these big-money traders is split between 36% bullish and 64%, bearish.
Out of all of the special options we uncovered, 10 are puts, for a total amount of $1,007,678, and 15 are calls, for a total amount of $984,356.
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 $660.0 to $1130.0 for ASML Holding during the past quarter.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for ASML Holding options trades today is 134.25 with a total volume of 636.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for ASML Holding's big money trades within a strike price range of $660.0 to $1130.0 over the last 30 days.
ASML Holding 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| ASML | PUT | SWEEP | NEUTRAL | 04/19/24 | $1130.00 | $532.8K | 0 | 30 |
| ASML | CALL | TRADE | NEUTRAL | 01/17/25 | $1000.00 | $233.6K | 261 | 0 |
| ASML | PUT | TRADE | NEUTRAL | 01/17/25 | $700.00 | $203.8K | 168 | 100 |
| ASML | CALL | SWEEP | BEARISH | 04/19/24 | $940.00 | $109.7K | 344 | 21 |
| ASML | CALL | TRADE | BEARISH | 03/15/24 | $930.00 | $102.5K | 216 | 0 |
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.
ASML Holding's Current Market Status
- Trading volume stands at 417,735, with ASML's price up by 0.63%, positioned at $953.6.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 50 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 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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