Investors with a lot of money to spend have taken a bearish stance on Confluent CFLT.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CFLT, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 9 uncommon options trades for Confluent.
This isn't normal.
The overall sentiment of these big-money traders is split between 33% bullish and 55%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $2,065,000, and 7 are calls, for a total amount of $494,289.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $15.0 to $23.0 for Confluent over the last 3 months.
Volume & Open Interest Trends
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 Confluent'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 Confluent's whale trades within a strike price range from $15.0 to $23.0 in the last 30 days.
Confluent Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CFLT | PUT | TRADE | BEARISH | 01/15/27 | $2.4 | $2.15 | $2.32 | $15.00 | $1.1M | 409 | 5.0K |
| CFLT | PUT | TRADE | BULLISH | 01/16/26 | $1.9 | $1.8 | $1.81 | $18.00 | $905.0K | 402 | 5.0K |
| CFLT | CALL | SWEEP | BULLISH | 01/15/27 | $7.0 | $6.8 | $6.8 | $17.00 | $272.0K | 82 | 400 |
| CFLT | CALL | SWEEP | BEARISH | 09/19/25 | $0.9 | $0.85 | $0.85 | $20.00 | $59.1K | 16.8K | 1.5K |
| CFLT | CALL | SWEEP | BEARISH | 01/16/26 | $4.3 | $4.2 | $4.2 | $17.00 | $45.7K | 456 | 144 |
About Confluent
Confluent Inc provides a data streaming platform that enables customers to connect their applications, systems, and data layers and can be deployed as a fully managed cloud-native software-as-a-service (SaaS) offering. Its products include Confluent Cloud, a self-managed software offering, Confluent Platform, a managed service offering where the raw data resides inside a customer's cloud environment, and WarpStream, among others. Confluent also offers professional services and education services. The company generates revenue from the sale of subscriptions and services. Geographically, it generates a majority of its revenue from its business in the United States and the rest from International markets.
After a thorough review of the options trading surrounding Confluent, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is Confluent Standing Right Now?
- Currently trading with a volume of 6,209,573, the CFLT's price is up by 1.06%, now at $19.05.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 62 days.
What Analysts Are Saying About Confluent
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $24.4.
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 Barclays continues to hold a Overweight rating for Confluent, targeting a price of $24. * Consistent in their evaluation, an analyst from Piper Sandler keeps a Overweight rating on Confluent with a target price of $27. * In a cautious move, an analyst from Stifel downgraded its rating to Hold, setting a price target of $21. * Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on Confluent with a target price of $26. * Consistent in their evaluation, an analyst from Needham keeps a Buy rating on Confluent with a target price of $24.
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 Confluent options trades with real-time alerts from Benzinga Pro.
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
