Whales with a lot of money to spend have taken a noticeably bullish stance on Abercrombie & Fitch.
Looking at options history for Abercrombie & Fitch ANF we detected 27 trades.
If we consider the specifics of each trade, it is accurate to state that 59% of the investors opened trades with bullish expectations and 40% with bearish.
From the overall spotted trades, 20 are puts, for a total amount of $1,533,754 and 7, calls, for a total amount of $366,023.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $80.0 and $140.0 for Abercrombie & Fitch, spanning the last three months.
Insights into Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Abercrombie & Fitch'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 Abercrombie & Fitch's whale trades within a strike price range from $80.0 to $140.0 in the last 30 days.
Abercrombie & Fitch Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| ANF | PUT | SWEEP | BULLISH | 06/21/24 | $105.00 | $192.6K | 288 | 203 |
| ANF | PUT | TRADE | BEARISH | 06/21/24 | $115.00 | $186.0K | 176 | 126 |
| ANF | PUT | SWEEP | BULLISH | 03/08/24 | $92.00 | $162.7K | 12 | 1.2K |
| ANF | CALL | SWEEP | BEARISH | 02/23/24 | $110.00 | $162.4K | 224 | 200 |
| ANF | PUT | TRADE | BULLISH | 06/21/24 | $100.00 | $126.1K | 337 | 181 |
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.
In light of the recent options history for Abercrombie & Fitch, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of Abercrombie & Fitch
- With a trading volume of 1,073,756, the price of ANF is down by -0.04%, reaching $120.85.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 15 days from now.
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 |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
