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 ARM Holdings (NASDAQ:ARM), 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 ARM usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 14 extraordinary options activities for ARM Holdings. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 42% leaning bullish and 57% bearish. Among these notable options, 4 are puts, totaling $293,463, and 10 are calls, amounting to $401,704.
Predicted Price Range
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 $145.0 for ARM Holdings during the past quarter.
Analyzing Volume & Open Interest
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 ARM Holdings'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 ARM Holdings's whale activity within a strike price range from $100.0 to $145.0 in the last 30 days.
ARM Holdings 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ARM | PUT | TRADE | BEARISH | 06/21/24 | $30.5 | $29.4 | $30.17 | $145.00 | $150.8K | 1.4K | 50 |
| ARM | CALL | TRADE | BEARISH | 01/17/25 | $25.2 | $22.1 | $23.03 | $140.00 | $69.0K | 1.0K | 35 |
| ARM | PUT | TRADE | BULLISH | 04/19/24 | $5.4 | $5.25 | $5.3 | $120.00 | $59.3K | 2.9K | 164 |
| ARM | PUT | SWEEP | BEARISH | 04/05/24 | $16.65 | $15.7 | $16.65 | $140.00 | $49.9K | 344 | 0 |
| ARM | CALL | SWEEP | BEARISH | 04/19/24 | $15.55 | $14.05 | $14.05 | $112.00 | $46.3K | 15 | 0 |
About ARM Holdings
Arm Holdings is the IP owner and developer of the ARM architecture (ARM stands for Acorn RISC Machine), which is used in 99% of the world's smartphone CPU cores, and it also has high market share in other battery-powered devices like wearables, tablets, or sensors. Arm licenses its architecture for a fee, offering different types of licenses depending on the flexibility the customer needs. Customers like Apple or Qualcomm buy architectural licenses, which allows them to modify the architecture and add or delete instructions to tailor the chips to their specific needs. Other clients directly buy off-the-shelf designs from Arm. Both off-the-shelf and architectural customers pay a royalty fee per chip shipped.
After a thorough review of the options trading surrounding ARM Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
ARM Holdings's Current Market Status
- Trading volume stands at 1,113,696, with ARM's price down by -1.51%, positioned at $125.0.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 43 days.
Expert Opinions on ARM Holdings
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $160.0.
- Consistent in their evaluation, an analyst from Mizuho keeps a Buy rating on ARM Holdings with a target price of $160.
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 ARM Holdings, 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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