Financial giants have made a conspicuous bearish move on Pioneer Natural Resources. Our analysis of options history for Pioneer Natural Resources PXD revealed 15 unusual trades.
Delving into the details, we found 46% of traders were bullish, while 53% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $137,300, and 12 were calls, valued at $1,004,826.
Latest Startup Investment Opportunities:
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $185.0 and $220.0 for Pioneer Natural Resources, spanning the last three months.
Volume & Open Interest Development
In today's trading context, the average open interest for options of Pioneer Natural Resources stands at 178.25, with a total volume reaching 9,524.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Pioneer Natural Resources, situated within the strike price corridor from $185.0 to $220.0, throughout the last 30 days.
Pioneer Natural Resources 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| PXD | CALL | SWEEP | BULLISH | 02/16/24 | $210.00 | $223.2K | 5 | 740 |
| PXD | CALL | SWEEP | BULLISH | 02/16/24 | $210.00 | $150.1K | 5 | 1.1K |
| PXD | CALL | SWEEP | BEARISH | 02/16/24 | $210.00 | $91.1K | 5 | 314 |
| PXD | CALL | SWEEP | BEARISH | 02/16/24 | $210.00 | $90.2K | 5 | 409 |
| PXD | CALL | SWEEP | BULLISH | 02/16/24 | $210.00 | $82.6K | 5 | 960 |
About Pioneer Natural Resources
Headquartered in Irving, Texas, Pioneer Natural Resources is an independent oil and gas exploration and production company focusing on the Permian Basin in Texas. At year-end 2022, Pioneer's proven reserves were 2.4 billion barrels of oil equivalent with net production for the year of 650 mboe per day. Oil and natural gas liquids represented 79% of production.
Current Position of Pioneer Natural Resources
- Currently trading with a volume of 1,353,701, the PXD's price is down by -0.42%, now at $215.91.
- RSI readings suggest the stock is currently may be approaching oversold.
- Anticipated earnings release is in 30 days.
What Analysts Are Saying About Pioneer Natural Resources
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $264.0.
- An analyst from Mizuho has decided to maintain their Buy rating on Pioneer Natural Resources, which currently sits at a price target of $264.
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 Pioneer Natural Resources, Benzinga Pro gives you real-time options trades alerts.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
