Decoding Five Below's Options Activity: What's the Big Picture?

Whales with a lot of money to spend have taken a noticeably bearish stance on Five Below.

Looking at options history for Five Below FIVE we detected 12 trades.

If we consider the specifics of each trade, it is accurate to state that 16% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $263,995 and 6, calls, for a total amount of $193,995.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $120.0 to $175.0 for Five Below over the recent three 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 Five Below's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Five Below's substantial trades, within a strike price spectrum from $120.0 to $175.0 over the preceding 30 days.

Five Below Call and Put Volume: 30-Day Overview

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
FIVE PUT SWEEP BEARISH 01/17/25 $51.3 $49.6 $51.3 $170.00 $102.6K 136 50
FIVE CALL SWEEP NEUTRAL 11/15/24 $10.4 $10.0 $10.15 $125.00 $45.9K 28 58
FIVE CALL TRADE NEUTRAL 06/21/24 $4.1 $3.9 $4.0 $120.00 $40.0K 444 248
FIVE PUT SWEEP BULLISH 07/19/24 $27.6 $24.7 $26.19 $145.00 $37.9K 211 15
FIVE PUT SWEEP BEARISH 10/18/24 $9.7 $9.5 $9.5 $120.00 $34.3K 15 128

About Five Below

Five Below Inc is a specialty value retailer offering merchandise targeted at the tween and teen demographic. The Company's edited assortment of products includes select brands and licensed merchandise.

Where Is Five Below Standing Right Now?

  • With a trading volume of 524,257, the price of FIVE is up by 0.4%, reaching $119.2.
  • Current RSI values indicate that the stock is may be approaching oversold.
  • Next earnings report is scheduled for 82 days from now.

Professional Analyst Ratings for Five Below

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $152.4.

  • Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Five Below, targeting a price of $176.
  • An analyst from Mizuho persists with their Buy rating on Five Below, maintaining a target price of $150.
  • An analyst from Truist Securities has decided to maintain their Buy rating on Five Below, which currently sits at a price target of $176.
  • An analyst from Truist Securities persists with their Buy rating on Five Below, maintaining a target price of $136.
  • An analyst from Craig-Hallum has decided to maintain their Hold rating on Five Below, which currently sits at a price target 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 Five Below with Benzinga Pro for real-time alerts.

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Posted In: OptionsMarketsBZI-UOA
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