Deep-pocketed investors have adopted a bullish approach towards Mondelez International MDLZ, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MDLZ usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Mondelez International. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 66% leaning bullish and 33% bearish. Among these notable options, 3 are puts, totaling $82,678, and 6 are calls, amounting to $264,894.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $72.5 and $77.5 for Mondelez International, spanning the last three months.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for Mondelez International options trades today is 94.5 with a total volume of 2,983.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Mondelez International's big money trades within a strike price range of $72.5 to $77.5 over the last 30 days.
Mondelez International 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MDLZ | CALL | SWEEP | BULLISH | 06/20/25 | $4.1 | $3.9 | $4.1 | $77.50 | $54.9K | 134 | 522 |
| MDLZ | CALL | SWEEP | BULLISH | 06/20/25 | $4.1 | $3.9 | $4.1 | $77.50 | $50.8K | 134 | 610 |
| MDLZ | CALL | SWEEP | BULLISH | 06/20/25 | $4.1 | $3.9 | $4.1 | $77.50 | $45.1K | 134 | 388 |
| MDLZ | CALL | SWEEP | BULLISH | 06/20/25 | $4.1 | $3.9 | $4.1 | $77.50 | $42.2K | 134 | 278 |
| MDLZ | CALL | SWEEP | BULLISH | 06/20/25 | $4.1 | $3.9 | $4.1 | $77.50 | $36.0K | 134 | 522 |
About Mondelez International
Mondelez has operated as an independent organization since its split from the former Kraft Foods North American grocery business in October 2012. The firm is a leading player in the global snack arena with a presence in the biscuit (49% of sales), chocolate (30%), gum/candy (12%), beverage (3%), and cheese and grocery (6%) aisles, as of the end of fiscal 2023. Mondelez's portfolio includes well-known brands like Oreo, Chips Ahoy, Halls, and Cadbury, among others. The firm derives around one third of revenue from developing markets, just more than one third from Europe, and the remainder from North America.
In light of the recent options history for Mondelez International, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of Mondelez International
- With a volume of 1,387,379, the price of MDLZ is down -0.03% at $70.67.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 84 days.
What The Experts Say On Mondelez International
A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $82.5.
- Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on Mondelez International with a target price of $76.
- An analyst from Bernstein persists with their Outperform rating on Mondelez International, maintaining a target price of $90.
- Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on Mondelez International with a target price of $84.
- An analyst from Barclays persists with their Overweight rating on Mondelez International, maintaining a target price of $80.
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 Mondelez International options trades with real-time alerts from Benzinga Pro.
© 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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