Whales with a lot of money to spend have taken a noticeably bullish stance on Procter & Gamble.

Looking at options history for Procter & Gamble (NYSE:PG) we detected 8 trades.

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

From the overall spotted trades, 2 are puts, for a total amount of $166,750 and 6, calls, for a total amount of $496,473.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $145.0 to $185.0 for Procter & Gamble over the recent three months.

Insights into 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 Procter & Gamble's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Procter & Gamble's substantial trades, within a strike price spectrum from $145.0 to $185.0 over the preceding 30 days.

Procter & Gamble Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

About Procter & Gamble

Procter & Gamble's Current Market Status

• Currently trading with a volume of 7,377,210, the PG's price is down by -0.26%, now at $173.77.
• RSI readings suggest the stock is currently may be approaching overbought.
• Anticipated earnings release is in 25 days.

What Analysts Are Saying About Procter & Gamble

In the last month, 2 experts released ratings on this stock with an average target price of $188.0.

Unusual Options Activity Detected: Smart Money on the Move

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 Procter & Gamble options trades with real-time alerts from Benzinga Pro.