Financial giants have made a conspicuous bullish move on American Express. Our analysis of options history for American Express (NYSE:AXP) revealed 14 unusual trades.

Delving into the details, we found 50% of traders were bullish, while 28% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $133,337, and 11 were calls, valued at $647,370.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $125.0 and $310.0 for American Express, spanning the last three months.

Analyzing Volume & Open Interest

In today's trading context, the average open interest for options of American Express stands at 697.31, with a total volume reaching 1,266.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in American Express, situated within the strike price corridor from $125.0 to $310.0, throughout the last 30 days.

American Express Option Volume And Open Interest Over Last 30 Days

Largest Options Trades Observed:

About American Express

In light of the recent options history for American Express, it's now appropriate to focus on the company itself. We aim to explore its current performance.

American Express's Current Market Status

• Trading volume stands at 548,361, with AXP's price up by 1.01%, positioned at $300.74.
• RSI indicators show the stock to be is currently neutral between overbought and oversold.
• Earnings announcement expected in 21 days.

Expert Opinions on American Express

5 market experts have recently issued ratings for this stock, with a consensus target price of $319.2.

Turn $1000 into $1270 in just 20 days?

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