ARM Holdings's Options Frenzy: What You Need to Know

Whales with a lot of money to spend have taken a noticeably bearish stance on ARM Holdings.

Looking at options history for ARM Holdings ARM we detected 13 trades.

If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 53% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $249,353 and 8, calls, for a total amount of $2,556,970.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $65.0 to $80.0 for ARM Holdings over the recent three months.

Analyzing 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 ARM Holdings's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across ARM Holdings's significant trades, within a strike price range of $65.0 to $80.0, over the past month.

ARM Holdings Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
ARM CALL TRADE NEUTRAL 03/15/24 $80.00 $1.7M 1.1K 4.5K
ARM CALL TRADE NEUTRAL 03/15/24 $80.00 $430.0K 1.1K 5.5K
ARM CALL TRADE BULLISH 01/16/26 $67.50 $132.5K 10.2K 52
ARM PUT SWEEP BEARISH 03/15/24 $70.00 $89.5K 11.9K 613
ARM CALL TRADE BULLISH 01/19/24 $68.50 $60.5K 276 153

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.

ARM Holdings's Current Market Status

  • With a volume of 5,965,223, the price of ARM is up 3.06% at $72.0.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 20 days.

Expert Opinions on ARM Holdings

3 market experts have recently issued ratings for this stock, with a consensus target price of $90.0.

  • Maintaining their stance, an analyst from Rosenblatt continues to hold a Buy rating for ARM Holdings, targeting a price of $110.
  • An analyst from Keybanc has decided to maintain their Overweight rating on ARM Holdings, which currently sits at a price target of $75.
  • An analyst from Mizuho has decided to maintain their Buy rating on ARM Holdings, which currently sits at a price target of $85.

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.

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Posted In: OptionsMarketsBZI-UOA
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