Deep-pocketed investors have adopted a bearish approach towards Hess HES, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in HES usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 16 extraordinary options activities for Hess. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 31% leaning bullish and 68% bearish. Among these notable options, 11 are puts, totaling $608,808, and 5 are calls, amounting to $582,880.
Latest Startup Investment Opportunities:
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $135.0 to $170.0 for Hess during the past quarter.
Volume & Open Interest Development
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Hess's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Hess's significant trades, within a strike price range of $135.0 to $170.0, over the past month.
Hess 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| HES | CALL | SWEEP | BEARISH | 01/17/25 | $150.00 | $174.5K | 270 | 100 |
| HES | CALL | TRADE | BEARISH | 01/17/25 | $150.00 | $172.1K | 270 | 300 |
| HES | CALL | TRADE | BEARISH | 01/17/25 | $150.00 | $169.5K | 270 | 398 |
| HES | PUT | SWEEP | BULLISH | 03/15/24 | $145.00 | $120.0K | 2.3K | 10 |
| HES | PUT | TRADE | BULLISH | 03/15/24 | $145.00 | $109.3K | 2.3K | 1.8K |
About Hess
Hess is an independent oil and gas producer with key assets in the Bakken Shale, Guyana, the Gulf of Mexico, and Southeast Asia. At the end of 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 344 thousand barrels of oil equivalent per day in 2022, at a ratio of 72% oil and natural gas liquids and 28% natural gas.
After a thorough review of the options trading surrounding Hess, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Hess's Current Market Status
- With a volume of 966,478, the price of HES is down 0.0% at $147.99.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 68 days.
Professional Analyst Ratings for Hess
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $152.0.
- Maintaining their stance, an analyst from Susquehanna continues to hold a Neutral rating for Hess, targeting a price of $152.
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 Hess with Benzinga Pro for real-time alerts.
Edge Rankings
Price Trend
© 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.
