Check Out What Whales Are Doing With CELH

High-rolling investors have positioned themselves bullish on Celsius Holdings CELH, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in CELH often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 9 options trades for Celsius Holdings. This is not a typical pattern.

The sentiment among these major traders is split, with 55% bullish and 44% bearish. Among all the options we identified, there was one put, amounting to $37,740, and 8 calls, totaling $1,130,229.

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Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $28.33 and $100.0 for Celsius Holdings, spanning the last three months.

Insights into 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 Celsius 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 Celsius Holdings's significant trades, within a strike price range of $28.33 to $100.0, over the past month.

Celsius Holdings Option Activity Analysis: Last 30 Days

Significant Options Trades Detected:

About Celsius Holdings

Celsius Holdings plays in the energy drink subsegment of the global nonalcoholic beverage market, with 94% of revenue concentrated in North America. Celsius' products contain natural ingredients and a metabolism-enhancing formulation, appealing to fitness and active lifestyle enthusiasts. The firm's portfolio includes its namesake Celsius Originals beverages (including those that are naturally caffeinated with stevia) and Celsius On-the-Go powder packets. Celsius focuses its time on branding and innovation, while it utilizes third parties for the manufacturing, packaging, and distribution of its products. In 2022, Celsius forged a 20-year distribution agreement with PepsiCo, which holds an 8.5% stake in the business.

Following our analysis of the options activities associated with Celsius Holdings, we pivot to a closer look at the company's own performance.

Where Is Celsius Holdings Standing Right Now?

• With a trading volume of 4,157,359, the price of CELH is up by 0.36%, reaching $53.4.
• Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
• Next earnings report is scheduled for 22 days from now.

What Analysts Are Saying About Celsius Holdings

A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $68.33333333333333.

• An analyst from Wedbush has revised its rating downward to Outperform, adjusting the price target to $75.
• In a positive move, an analyst from Maxim Group has upgraded their rating to Buy and adjusted the price target to $65.
• In a cautious move, an analyst from B of A Securities downgraded its rating to Neutral, setting a price target of $65.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Celsius Holdings options trades with real-time alerts from Benzinga Pro.