Financial giants have made a conspicuous bearish move on Abercrombie & Fitch. Our analysis of options history for Abercrombie & Fitch ANF revealed 13 unusual trades.
Delving into the details, we found 15% of traders were bullish, while 84% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $605,800, and 5 were calls, valued at $233,232.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $50.0 to $125.0 for Abercrombie & Fitch over the recent 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 Abercrombie & Fitch's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Abercrombie & Fitch's significant trades, within a strike price range of $50.0 to $125.0, over the past month.
Abercrombie & Fitch 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 |
|---|---|---|---|---|---|---|---|---|
| ANF | PUT | TRADE | BEARISH | 01/16/26 | $85.00 | $155.0K | 13 | 100 |
| ANF | CALL | TRADE | BEARISH | 01/17/25 | $100.00 | $93.0K | 1.2K | 0 |
| ANF | PUT | TRADE | BEARISH | 06/21/24 | $115.00 | $80.5K | 5 | 134 |
| ANF | PUT | TRADE | NEUTRAL | 06/21/24 | $115.00 | $80.0K | 5 | 100 |
| ANF | PUT | SWEEP | BULLISH | 06/21/24 | $115.00 | $80.0K | 5 | 50 |
About Abercrombie & Fitch
Abercrombie & Fitch Co is a specialty retailer that sells casual clothing, personal-care products, and accessories for men, women, and children. It sells direct to consumer through its stores and websites, which include the Abercrombie & Fitch, Abercrombie kids, and Hollister brands. Most stores are in the United States, but the company does have many stores in Canada, Europe, and Asia. All stores are leased. Abercrombie ships to well over 100 countries via its websites. The company sources its merchandise from dozens of vendors that are primarily located in Asia and Central America. Abercrombie has two distribution centers in Ohio to support its North American operations. It uses third-party distributors for sales in Europe and Asia.
Abercrombie & Fitch's Current Market Status
- Trading volume stands at 923,281, with ANF's price up by 1.3%, positioned at $111.54.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 23 days.
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 Abercrombie & Fitch, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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