Benzinga's options scanner just detected over 9 options trades for Estee Lauder Cos EL summing a total amount of $559,134.
At the same time, our algo caught 7 for a total amount of 525,294.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $115.0 to $131.0 for Estee Lauder Cos over the last 3 months.
Volume & Open Interest Development
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 Estee Lauder Cos'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 Estee Lauder Cos's whale activity within a strike price range from $115.0 to $131.0 in the last 30 days.
Estee Lauder Cos Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| EL | PUT | TRADE | BULLISH | 01/16/26 | $120.00 | $309.7K | 1.0K | 177 |
| EL | PUT | TRADE | BULLISH | 02/16/24 | $130.00 | $79.8K | 789 | 7 |
| EL | CALL | TRADE | NEUTRAL | 02/09/24 | $130.00 | $34.4K | 93 | 42 |
| EL | CALL | SWEEP | BULLISH | 08/16/24 | $130.00 | $33.8K | 77 | 22 |
| EL | PUT | SWEEP | BULLISH | 02/16/24 | $131.00 | $29.0K | 25 | 45 |
About Estee Lauder Cos
Estee Lauder is a leader in the global prestige beauty market, participating across skin care (56% of 2022 sales), makeup (26%), fragrance (14%), and hair care (4%) categories, with top-selling brands such as Estee Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 26% of revenue from the Americas, 43% from Europe, the Middle East and Africa (including travel retail), and 31% from Asia Pacific. Estee Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.
Estee Lauder Cos's Current Market Status
- Currently trading with a volume of 1,906,076, the EL's price is up by 2.63%, now at $134.24.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 7 days.
What The Experts Say On Estee Lauder Cos
A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $135.5.
- An analyst from Barclays persists with their Equal-Weight rating on Estee Lauder Cos, maintaining a target price of $121.
- Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Estee Lauder Cos, targeting a price of $150.
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 Estee Lauder Cos with Benzinga Pro for real-time alerts.
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