A Closer Look at KLA's Options Market Dynamics

Whales with a lot of money to spend have taken a noticeably bullish stance on KLA.

Looking at options history for KLA KLAC we detected 12 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, 3 are puts, for a total amount of $332,760 and 9, calls, for a total amount of $584,070.

Latest Startup Investment Opportunities:

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $660.0 to $910.0 for KLA over the last 3 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 KLA's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to KLA's substantial trades, within a strike price spectrum from $660.0 to $910.0 over the preceding 30 days.

KLA 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

About KLA

KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.

In light of the recent options history for KLA, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Present Market Standing of KLA

• Currently trading with a volume of 282,976, the KLAC's price is up by 0.93%, now at $679.0.
• RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
• Anticipated earnings release is in 20 days.

Professional Analyst Ratings for KLA

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $728.0.

• An analyst from Stifel has revised its rating downward to Buy, adjusting the price target to $685.
• Consistent in their evaluation, an analyst from Susquehanna keeps a Neutral rating on KLA with a target price of $675.
• An analyst from Cantor Fitzgerald downgraded its action to Neutral with a price target of $625.
• An analyst from Wells Fargo persists with their Overweight rating on KLA, maintaining a target price of $805.
• An analyst from B of A Securities persists with their Buy rating on KLA, maintaining a target price of $850.

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 KLA with Benzinga Pro for real-time alerts.