Spotlight on Philip Morris Intl: Analyzing the Surge in Options Activity - Philip Morris Intl (NYSE:PM)

Whales with a lot of money to spend have taken a noticeably bullish stance on Philip Morris Intl.

Looking at options history for Philip Morris Intl (NYSE:PM) we detected 42 trades.

If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 30% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $83,709 and 40, calls, for a total amount of $3,977,694.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $100.0 to $180.0 for Philip Morris Intl during the past quarter.

Volume & Open Interest Development

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 Philip Morris Intl'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 Philip Morris Intl's whale activity within a strike price range from $100.0 to $180.0 in the last 30 days.

Philip Morris Intl 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
PM	CALL	SWEEP	BULLISH	02/07/25	$18.6	$15.9	$17.0	$129.00	$1.7M	2.1K	872
PM	CALL	SWEEP	BEARISH	06/20/25	$20.0	$19.0	$19.0	$130.00	$190.0K	1.2K	100
PM	CALL	SWEEP	BEARISH	02/07/25	$16.0	$14.3	$14.6	$130.00	$160.9K	1.5K	108
PM	CALL	TRADE	BEARISH	02/14/25	$14.3	$13.0	$13.0	$134.00	$130.0K	405	107
PM	CALL	TRADE	BEARISH	06/20/25	$12.2	$11.7	$11.82	$135.00	$118.2K	1.2K	125

About Philip Morris Intl

Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, vapes, and oral nicotine offerings primarily outside of the US. With the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI has not only diversified away from smokeable products but also gained a toehold into the US to sell its iQOS heatsticks.

Current Position of Philip Morris Intl

Currently trading with a volume of 5,745,438, the PM's price is up by 9.06%, now at $142.85.
RSI readings suggest the stock is currently may be overbought.
Anticipated earnings release is in 0 days.

What Analysts Are Saying About Philip Morris Intl

2 market experts have recently issued ratings for this stock, with a consensus target price of $142.5.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Reflecting concerns, an analyst from Morgan Stanley lowers its rating to Overweight with a new price target of $140. * An analyst from Barclays persists with their Overweight rating on Philip Morris Intl, maintaining a target price of $145.

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 Philip Morris Intl with Benzinga Pro for real-time alerts.

PMPhilip Morris International Inc

$182.510.13%

Overview

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.