Spotlight on TransMedics Group: Analyzing the Surge in Options Activity

Financial giants have made a conspicuous bearish move on TransMedics Group. Our analysis of options history for TransMedics Group (NASDAQ:TMDX) revealed 18 unusual trades.

Delving into the details, we found 38% of traders were bullish, while 44% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $210,960, and 16 were calls, valued at $1,493,625.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $100.0 to $155.0 for TransMedics Group over the recent three months.

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 TransMedics Group'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 TransMedics Group's whale activity within a strike price range from $100.0 to $155.0 in the last 30 days.

TransMedics Group Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

About TransMedics Group

TransMedics Group's Current Market Status

  • With a volume of 1,433,761, the price of TMDX is up 11.46% at $127.62.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 77 days.

What Analysts Are Saying About TransMedics Group

2 market experts have recently issued ratings for this stock, with a consensus target price of $132.5.

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

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