Financial giants have made a conspicuous bullish move on Texas Instruments. Our analysis of options history for Texas Instruments TXN revealed 9 unusual trades.
Delving into the details, we found 55% of traders were bullish, while 44% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $200,945, and 4 were calls, valued at $117,080.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $170.0 to $185.0 for Texas Instruments during the past quarter.
Insights into Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Texas Instruments's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Texas Instruments's significant trades, within a strike price range of $170.0 to $185.0, over the past month.
Texas Instruments 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TXN | PUT | SWEEP | BULLISH | 01/17/25 | $18.45 | $18.1 | $18.3 | $185.00 | $54.9K | 1.8K | 30 |
| TXN | PUT | TRADE | BEARISH | 06/21/24 | $7.75 | $7.15 | $7.75 | $180.00 | $54.2K | 853 | 0 |
| TXN | CALL | SWEEP | BULLISH | 05/10/24 | $6.25 | $6.1 | $6.2 | $170.00 | $33.4K | 209 | 172 |
| TXN | PUT | SWEEP | BULLISH | 05/10/24 | $6.8 | $6.35 | $6.48 | $180.00 | $32.4K | 77 | 100 |
| TXN | PUT | TRADE | BEARISH | 05/10/24 | $6.55 | $5.95 | $6.37 | $180.00 | $31.8K | 77 | 0 |
About Texas Instruments
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
Having examined the options trading patterns of Texas Instruments, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Current Position of Texas Instruments
- Currently trading with a volume of 2,277,114, the TXN's price is up by 0.59%, now at $176.23.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 82 days.
Professional Analyst Ratings for Texas Instruments
5 market experts have recently issued ratings for this stock, with a consensus target price of $190.4.
- An analyst from Cantor Fitzgerald has revised its rating downward to Neutral, adjusting the price target to $180.
- An analyst from TD Cowen persists with their Hold rating on Texas Instruments, maintaining a target price of $175.
- An analyst from Susquehanna persists with their Positive rating on Texas Instruments, maintaining a target price of $205.
- Consistent in their evaluation, an analyst from Truist Securities keeps a Hold rating on Texas Instruments with a target price of $167.
- An analyst from Evercore ISI Group persists with their Outperform rating on Texas Instruments, maintaining a target price of $225.
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 Texas Instruments, 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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