Market Whales and Their Recent Bets on SEDG Options

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 11 trades.

If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 45% with bearish.

From the overall spotted trades, 7 are puts, for a total amount of $567,872 and 4, calls, for a total amount of $214,545.

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 $35.0 to $500.0 for SolarEdge Technologies over the last 3 months.

Insights into 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 SolarEdge Technologies'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 SolarEdge Technologies's whale activity within a strike price range from $35.0 to $500.0 in the last 30 days.

SolarEdge Technologies Option Activity Analysis: Last 30 Days

Significant Options Trades Detected:

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.

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

SolarEdge Technologies's Current Market Status

• Trading volume stands at 1,893,267, with SEDG's price down by -2.11%, positioned at $56.64.
• RSI indicators show the stock to be may be approaching oversold.
• Earnings announcement expected in 13 days.

What The Experts Say On SolarEdge Technologies

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $88.6.

• An analyst from Barclays has decided to maintain their Underweight rating on SolarEdge Technologies, which currently sits at a price target of $61.
• Maintaining their stance, an analyst from Susquehanna continues to hold a Positive rating for SolarEdge Technologies, targeting a price of $92.
• An analyst from DZ Bank downgraded its action to Hold with a price target of $62.
• An analyst from Mizuho has decided to maintain their Buy rating on SolarEdge Technologies, which currently sits at a price target of $104.
• An analyst from B. Riley Securities persists with their Buy rating on SolarEdge Technologies, maintaining a target price of $124.

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.