movers image

Sibanye Stillwater's Options: A Look at What the Big Money is Thinking

High-rolling investors have positioned themselves bullish on Sibanye Stillwater (NYSE:SBSW), 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 SBSW often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 8 options trades for Sibanye Stillwater. This is not a typical pattern.

The sentiment among these major traders is split, with 50% bullish and 50% bearish. Among all the options we identified, there was one put, amounting to $56,000, and 7 calls, totaling $303,632.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $5.0 to $30.0 for Sibanye Stillwater during the past quarter.

Volume & Open Interest Trends

In today's trading context, the average open interest for options of Sibanye Stillwater stands at 4189.5, with a total volume reaching 640.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Sibanye Stillwater, situated within the strike price corridor from $5.0 to $30.0, throughout the last 30 days.

Sibanye Stillwater Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
SBSW CALL TRADE BULLISH 01/15/27 $8.0 $7.6 $7.92 $15.00 $79.2K 5.1K 127
SBSW CALL TRADE BULLISH 01/15/27 $12.7 $11.2 $12.7 $7.00 $64.7K 8.6K 52
SBSW PUT TRADE BEARISH 07/17/26 $11.2 $10.0 $11.2 $30.00 $56.0K 0 50
SBSW CALL TRADE BEARISH 01/21/28 $7.9 $7.4 $7.35 $20.00 $36.7K 972 59
SBSW CALL TRADE BEARISH 04/17/26 $11.5 $11.3 $11.3 $9.00 $33.9K 5.3K 30

About Sibanye Stillwater

Sibanye Stillwater Ltd is a South African mining and metals processing group with a diverse portfolio of operations, projects, and investments across five continents. The Group is also one of the foremost recyclers of PGM autocatalysts and has interests in mine tailings retreatment operations. It is a producer of platinum, palladium, and rhodium and is a top-tier gold producer. It also produces and refines iridium and ruthenium, nickel, chrome, copper, and cobalt. Its products are Gold, Nickel, Zinc, Chrome, PGMs, and other.

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

Current Position of Sibanye Stillwater

  • With a trading volume of 2,005,130, the price of SBSW is up by 2.96%, reaching $20.02.
  • Current RSI values indicate that the stock is may be overbought.
  • Next earnings report is scheduled for 25 days from now.

What Analysts Are Saying About Sibanye Stillwater

1 market experts have recently issued ratings for this stock, with a consensus target price of $24.8.

  • In a positive move, an analyst from HSBC has upgraded their rating to Buy and adjusted the price target to $24.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics.

Market News and Data brought to you by Benzinga APIs

Comments
Loading...