Financial giants have made a conspicuous bullish move on Coherent. Our analysis of options history for Coherent COHR revealed 13 unusual trades.
Delving into the details, we found 53% of traders were bullish, while 46% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $97,280, and 11 were calls, valued at $1,381,541.
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 $45.0 and $95.0 for Coherent, spanning the last three months.
Analyzing Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Coherent's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Coherent's substantial trades, within a strike price spectrum from $45.0 to $95.0 over the preceding 30 days.
Coherent Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| COHR | CALL | SWEEP | BEARISH | 01/16/26 | $75.00 | $334.0K | 973 | 311 |
| COHR | CALL | SWEEP | BULLISH | 01/16/26 | $75.00 | $319.4K | 973 | 790 |
| COHR | CALL | SWEEP | BULLISH | 01/16/26 | $75.00 | $281.9K | 973 | 1.0K |
| COHR | CALL | SWEEP | BULLISH | 01/16/26 | $75.00 | $98.6K | 973 | 490 |
| COHR | CALL | SWEEP | BEARISH | 01/16/26 | $75.00 | $83.9K | 973 | 384 |
About Coherent
Coherent Corp manufactures engineered materials, optoelectronic components and products used in industrial, optical communications, military, semiconductor, consumer, and life science applications. The firm operates in two segments Photonic Solutions Segment and Compound Semiconductors Segment. The Photonic Solutions Segment leverages II-VI's compound semiconductor technology platforms to deliver components and subsystems. The Compound Semiconductors Segment is a market leader in differentiated materials and devices.
After a thorough review of the options trading surrounding Coherent, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Current Position of Coherent
- With a volume of 994,869, the price of COHR is down -1.37% at $56.0.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 77 days.
What Analysts Are Saying About Coherent
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $66.2.
- An analyst from Benchmark persists with their Buy rating on Coherent, maintaining a target price of $65.
- An analyst from Rosenblatt persists with their Buy rating on Coherent, maintaining a target price of $76.
- An analyst from Needham persists with their Buy rating on Coherent, maintaining a target price of $64.
- An analyst from Stifel persists with their Buy rating on Coherent, maintaining a target price of $68.
- An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on Coherent, which currently sits at a price target of $58.
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 Coherent with Benzinga Pro for real-time alerts.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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