Market Whales and Their Recent Bets on HUBS Options

Financial giants have made a conspicuous bearish move on HubSpot. Our analysis of options history for HubSpot HUBS revealed 10 unusual trades.

Delving into the details, we found 10% of traders were bullish, while 90% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $210,308, and 7 were calls, valued at $633,507.

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 $400.0 to $640.0 for HubSpot during the past quarter.

Volume & Open Interest Trends

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 HubSpot'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 HubSpot's whale activity within a strike price range from $400.0 to $640.0 in the last 30 days.

HubSpot Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
HUBS CALL TRADE BEARISH 06/21/24 $580.00 $350.4K 9 0
HUBS PUT TRADE NEUTRAL 06/21/24 $560.00 $120.0K 86 45
HUBS CALL TRADE NEUTRAL 01/17/25 $580.00 $115.4K 49 10
HUBS PUT TRADE NEUTRAL 09/20/24 $640.00 $55.8K 0 6
HUBS CALL TRADE BEARISH 09/20/24 $400.00 $43.4K 0 2

About HubSpot

HubSpot provides a cloud-based marketing, sales, and customer service software platform referred to as the growth platform. The applications are available ala carte or packaged together. HubSpot's mission is to help companies grow better and has expanded from its initial focus on inbound marketing to embrace marketing, sales, and service more broadly. The company was founded in 2006, completed its initial public offering in 2014, and is headquartered in Cambridge, Massachusetts.

In light of the recent options history for HubSpot, it's now appropriate to focus on the company itself. We aim to explore its current performance.

HubSpot's Current Market Status

  • With a volume of 137,220, the price of HUBS is down 0.0% at $581.4.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 24 days.

Expert Opinions on HubSpot

2 market experts have recently issued ratings for this stock, with a consensus target price of $627.5.

  • An analyst from Stifel persists with their Buy rating on HubSpot, maintaining a target price of $625.
  • Consistent in their evaluation, an analyst from Piper Sandler keeps a Overweight rating on HubSpot with a target price of $630.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for HubSpot with Benzinga Pro for real-time alerts.

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HUBSHubSpot Inc
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Momentum
31.36
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27.29
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Value
2.96
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