High-rolling investors have positioned themselves bullish on Spotify Technology SPOT, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in SPOT often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 14 options trades for Spotify Technology. This is not a typical pattern.
The sentiment among these major traders is split, with 42% bullish and 35% bearish. Among all the options we identified, there was one put, amounting to $240,970, and 13 calls, totaling $3,143,385.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $400.0 to $700.0 for Spotify Technology during the past quarter.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Spotify Technology options trades today is 373.67 with a total volume of 526.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Spotify Technology's big money trades within a strike price range of $400.0 to $700.0 over the last 30 days.
Spotify Technology 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SPOT | CALL | TRADE | BEARISH | 07/18/25 | $57.85 | $53.55 | $54.0 | $630.00 | $1.6M | 111 | 312 |
| SPOT | CALL | SWEEP | BULLISH | 05/30/25 | $86.55 | $85.5 | $86.55 | $550.00 | $926.0K | 115 | 1 |
| SPOT | PUT | SWEEP | NEUTRAL | 05/09/25 | $25.4 | $22.85 | $24.13 | $650.00 | $240.9K | 630 | 100 |
| SPOT | CALL | TRADE | BULLISH | 06/20/25 | $237.5 | $234.3 | $237.5 | $400.00 | $95.0K | 345 | 4 |
| SPOT | CALL | TRADE | BULLISH | 05/30/25 | $34.95 | $29.75 | $34.0 | $630.00 | $85.0K | 33 | 0 |
About Spotify Technology
Spotify is the leading global music streaming service provider, with nearly 700 million monthly active users and over 250 million paying subscribers, with the latter constituting the firm's premium segment. Most of the firm's revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog but cannot customize a similar on-demand experience.
After a thorough review of the options trading surrounding Spotify Technology, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Spotify Technology's Current Market Status
- Trading volume stands at 346,473, with SPOT's price down by -0.14%, positioned at $636.75.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 77 days.
What Analysts Are Saying About Spotify Technology
In the last month, 5 experts released ratings on this stock with an average target price of $607.4.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Spotify Technology, targeting a price of $640. * Consistent in their evaluation, an analyst from Loop Capital keeps a Hold rating on Spotify Technology with a target price of $550. * Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Spotify Technology, targeting a price of $670. * Consistent in their evaluation, an analyst from Rosenblatt keeps a Neutral rating on Spotify Technology with a target price of $657. * Maintaining their stance, an analyst from Cantor Fitzgerald continues to hold a Neutral rating for Spotify Technology, targeting a price of $520.
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 Spotify Technology, Benzinga Pro gives you real-time options trades alerts.
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