Synopsys Options Trading: A Deep Dive into Market Sentiment - Synopsys (NASDAQ:SNPS)

Deep-pocketed investors have adopted a bearish approach towards Synopsys (NASDAQ:SNPS), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in SNPS usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 19 extraordinary options activities for Synopsys. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 36% leaning bullish and 47% bearish. Among these notable options, 3 are puts, totaling $139,480, and 16 are calls, amounting to $1,304,343.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $520.0 to $960.0 for Synopsys over the recent three months.

Insights into Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Synopsys'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 Synopsys's whale trades within a strike price range from $520.0 to $960.0 in the last 30 days.

Synopsys Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
SNPS	CALL	SWEEP	BULLISH	01/16/26	$78.7	$72.5	$75.3	$570.00	$241.2K	992	32
SNPS	CALL	SWEEP	BULLISH	12/19/25	$86.1	$84.6	$86.1	$540.00	$189.5K	60	21
SNPS	CALL	TRADE	NEUTRAL	12/19/25	$17.2	$15.6	$16.5	$700.00	$99.0K	443	145
SNPS	CALL	TRADE	BEARISH	12/19/25	$17.7	$15.7	$16.4	$700.00	$98.3K	443	205
SNPS	CALL	SWEEP	BEARISH	09/18/26	$95.0	$94.8	$94.8	$600.00	$94.8K	3	10

About Synopsys

Synopsys is a provider of electronic design automation software and intellectual property products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Synopsys' comprehensive portfolio is benefiting from a convergence of semiconductor companies moving up the stack of technologies toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.

After a thorough review of the options trading surrounding Synopsys, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Where Is Synopsys Standing Right Now?

With a volume of 646,982, the price of SNPS is down -0.04% at $600.89.
RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
Next earnings are expected to be released in 19 days.

What The Experts Say On Synopsys

In the last month, 2 experts released ratings on this stock with an average target price of $682.5.

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 Morgan Stanley continues to hold a Overweight rating for Synopsys, targeting a price of $715. * Consistent in their evaluation, an analyst from Rosenblatt keeps a Buy rating on Synopsys with a target price of $650.

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

SNPSSynopsys Inc

$515.00-0.23%

Overview

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