A Closer Look at Intuit's Options Market Dynamics

Financial giants have made a conspicuous bearish move on Intuit. Our analysis of options history for Intuit INTU revealed 22 unusual trades.

Delving into the details, we found 31% of traders were bullish, while 68% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $890,450, and 19 were calls, valued at $859,371.

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Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $620.0 to $690.0 for Intuit over the last 3 months.

Volume & Open Interest Development

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Intuit's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Intuit's substantial trades, within a strike price spectrum from $620.0 to $690.0 over the preceding 30 days.

Intuit 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
INTU PUT TRADE BEARISH 06/20/25 $650.00 $775.9K 0 100
INTU CALL SWEEP BEARISH 06/21/24 $640.00 $116.0K 127 47
INTU CALL SWEEP NEUTRAL 06/21/24 $640.00 $94.4K 127 87
INTU PUT TRADE BULLISH 01/17/25 $660.00 $63.4K 32 9
INTU CALL SWEEP BEARISH 04/19/24 $650.00 $62.0K 95 27

About Intuit

Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of U.S. market share for small-business accounting and DIY tax-filing software.

Having examined the options trading patterns of Intuit, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of Intuit

  • Currently trading with a volume of 438,181, the INTU's price is up by 0.93%, now at $641.75.
  • RSI readings suggest the stock is currently may be approaching overbought.
  • Anticipated earnings release is in 29 days.

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 Intuit with Benzinga Pro for real-time alerts.

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INTUIntuit Inc
$771.580.64%

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