Financial giants have made a conspicuous bullish move on EchoStar. Our analysis of options history for EchoStar (NASDAQ:SATS) revealed 50 unusual trades.

Delving into the details, we found 46% of traders were bullish, while 32% showed bearish tendencies. Out of all the trades we spotted, 12 were puts, with a value of $1,133,320, and 38 were calls, valued at $3,615,011.

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 $70.0 to $190.0 for EchoStar during the past quarter.

Analyzing Volume & Open Interest

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 EchoStar'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 EchoStar's whale activity within a strike price range from $70.0 to $190.0 in the last 30 days.

EchoStar Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

About EchoStar

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

Current Position of EchoStar

• With a trading volume of 8,140,886, the price of SATS is down by -9.43%, reaching $128.21.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 28 days from now.

What The Experts Say On EchoStar

A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $158.0.

• An analyst from TD Cowen persists with their Buy rating on EchoStar, maintaining a target price of $158.

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.