Whales with a lot of money to spend have taken a noticeably bearish stance on SolarEdge Technologies.
Looking at options history for SolarEdge Technologies SEDG we detected 17 trades.
If we consider the specifics of each trade, it is accurate to state that 5% of the investors opened trades with bullish expectations and 94% with bearish.
From the overall spotted trades, 13 are puts, for a total amount of $901,434 and 4, calls, for a total amount of $112,260.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $40.0 to $500.0 for SolarEdge Technologies over the recent three months.
Volume & Open Interest Trends
In today's trading context, the average open interest for options of SolarEdge Technologies stands at 437.87, with a total volume reaching 745.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in SolarEdge Technologies, situated within the strike price corridor from $40.0 to $500.0, throughout the last 30 days.
SolarEdge Technologies 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SEDG | PUT | TRADE | BEARISH | 01/17/25 | $74.0 | $74.0 | $74.0 | $130.00 | $436.6K | 823 | 59 |
| SEDG | PUT | TRADE | BEARISH | 06/21/24 | $4.85 | $4.7 | $4.8 | $50.00 | $69.1K | 929 | 181 |
| SEDG | PUT | SWEEP | BEARISH | 07/19/24 | $14.2 | $14.0 | $14.15 | $65.00 | $49.5K | 259 | 40 |
| SEDG | PUT | TRADE | BEARISH | 01/17/25 | $443.2 | $439.05 | $443.2 | $500.00 | $44.3K | 0 | 7 |
| SEDG | PUT | TRADE | NEUTRAL | 01/17/25 | $446.15 | $439.05 | $443.11 | $500.00 | $44.3K | 0 | 7 |
About SolarEdge Technologies
SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers.
Having examined the options trading patterns of SolarEdge Technologies, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Current Position of SolarEdge Technologies
- Currently trading with a volume of 1,069,677, the SEDG's price is down by -3.09%, now at $55.62.
- RSI readings suggest the stock is currently may be approaching oversold.
- Anticipated earnings release is in 19 days.
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 SolarEdge Technologies 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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