This Is What Whales Are Betting On Estee Lauder Cos

Financial giants have made a conspicuous bullish move on Estee Lauder Cos. Our analysis of options history for Estee Lauder Cos EL revealed 10 unusual trades.

Delving into the details, we found 60% of traders were bullish, while 40% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $433,299, and 5 were calls, valued at $176,279.

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Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $110.0 to $157.5 for Estee Lauder Cos over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Estee Lauder Cos options trades today is 758.62 with a total volume of 729.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Estee Lauder Cos's big money trades within a strike price range of $110.0 to $157.5 over the last 30 days.

Estee Lauder Cos 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
EL PUT SWEEP BEARISH 01/17/25 $140.00 $190.9K 1.9K 172
EL PUT SWEEP BULLISH 10/18/24 $150.00 $92.5K 4 109
EL PUT SWEEP BULLISH 10/18/24 $150.00 $83.9K 4 187
EL CALL SWEEP BEARISH 04/12/24 $157.50 $49.6K 6 81
EL CALL SWEEP BULLISH 06/21/24 $150.00 $41.8K 463 27

About Estee Lauder Cos

Estee Lauder is a leader in the global prestige beauty market, participating across skin care (52% of 2023 sales), makeup (28%), fragrance (16%), and hair care (4%) categories, with top-selling brands such as Estee Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 28% of revenue from the Americas, 39% from Europe, the Middle East and Africa (including travel retail), and 33% from Asia-Pacific. Estee Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.

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

Estee Lauder Cos's Current Market Status

  • Trading volume stands at 1,587,156, with EL's price up by 0.87%, positioned at $153.4.
  • RSI indicators show the stock to be may be overbought.
  • Earnings announcement expected in 49 days.

Expert Opinions on Estee Lauder Cos

A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $167.66666666666666.

  • In a cautious move, an analyst from Goldman Sachs downgraded its rating to Neutral, setting a price target of $145.
  • An analyst from DA Davidson downgraded its action to Buy with a price target of $179.
  • An analyst from DA Davidson has revised its rating downward to Buy, adjusting the price target to $179.

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 Estee Lauder Cos options trades with real-time alerts from Benzinga Pro.

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ELThe Estee Lauder Companies Inc
$68.661.79%

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