Smart Money Is Betting Big In CRH Options

Whales with a lot of money to spend have taken a noticeably bullish stance on CRH.

Looking at options history for CRH (NYSE:CRH) 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 $173,153 and 6, calls, for a total amount of $768,205.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $95.0 to $110.0 for CRH over the last 3 months.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for CRH options trades today is 2197.33 with a total volume of 5,344.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for CRH's big money trades within a strike price range of $95.0 to $110.0 over the last 30 days.

CRH Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

About CRH

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

Where Is CRH Standing Right Now?

  • With a trading volume of 6,379,946, the price of CRH is up by 0.32%, reaching $97.33.
  • Current RSI values indicate that the stock is may be approaching oversold.
  • Next earnings report is scheduled for 53 days from now.

What Analysts Are Saying About CRH

In the last month, 1 experts released ratings on this stock with an average target price of $114.0.

Turn $1000 into $1270 in just 20 days?

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 CRH options trades with real-time alerts from Benzinga Pro.

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