Financial giants have made a conspicuous bullish move on Symbotic. Our analysis of options history for Symbotic (NASDAQ:SYM) revealed 8 unusual trades.

Delving into the details, we found 50% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $210,224, and 4 were calls, valued at $196,187.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $22.0 to $37.5 for Symbotic over the recent three months.

Volume & Open Interest Trends

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 Symbotic'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 Symbotic's whale activity within a strike price range from $22.0 to $37.5 in the last 30 days.

Symbotic Call and Put Volume: 30-Day Overview

Significant Options Trades Detected:

About Symbotic

Having examined the options trading patterns of Symbotic, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Current Position of Symbotic

• With a trading volume of 3,288,012, the price of SYM is up by 6.44%, reaching $25.54.
• Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
• Next earnings report is scheduled for 66 days from now.

Professional Analyst Ratings for Symbotic

In the last month, 5 experts released ratings on this stock with an average target price of $43.4.

Unusual Options Activity Detected: Smart Money on the Move

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 Symbotic, Benzinga Pro gives you real-time options trades alerts.