Whales with a lot of money to spend have taken a noticeably bullish stance on Domino's Pizza.
Looking at options history for Domino's Pizza DPZ we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $336,330 and 6, calls, for a total amount of $502,270.
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 $400.0 to $660.0 for Domino's Pizza over the last 3 months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Domino's Pizza'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 Domino's Pizza's whale activity within a strike price range from $400.0 to $660.0 in the last 30 days.
Domino's Pizza Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DPZ | PUT | TRADE | BEARISH | 06/20/25 | $17.5 | $16.5 | $17.5 | $400.00 | $236.2K | 1 | 135 |
| DPZ | CALL | TRADE | BULLISH | 06/20/25 | $25.8 | $24.5 | $25.5 | $640.00 | $229.5K | 0 | 0 |
| DPZ | CALL | SWEEP | BULLISH | 01/16/26 | $35.0 | $33.3 | $35.0 | $660.00 | $126.0K | 0 | 36 |
| DPZ | CALL | TRADE | BULLISH | 01/16/26 | $90.8 | $83.6 | $90.8 | $510.00 | $45.4K | 4 | 5 |
| DPZ | PUT | TRADE | BEARISH | 05/03/24 | $24.2 | $20.2 | $24.2 | $515.00 | $38.7K | 0 | 16 |
About Domino's Pizza
Domino's is a restaurant operator and franchiser with nearly 20,600 global stores across more than 90 international markets at the end of 2023. The firm generates revenue through the sales of pizza, wings, salads, sandwiches, and desserts at company-owned stores, royalty and marketing contributions from franchise-operated stores, and its network of 25 domestic (and five Canadian) dough manufacturing and supply chain facilities, which centralize purchasing, preparation, and last-mile delivery for the firm's U.S. and Canadian restaurants. With roughly $18.3 billion in 2023 system sales, Domino's is the largest player in the global pizza market, ahead of Pizza Hut, Little Caesars, and Papa John's.
Current Position of Domino's Pizza
- Currently trading with a volume of 1,024,918, the DPZ's price is up by 1.73%, now at $505.86.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 26 days.
Expert Opinions on Domino's Pizza
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $550.0.
- An analyst from TD Cowen persists with their Buy rating on Domino's Pizza, maintaining a target price of $550.
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 Domino's Pizza, 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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