Financial giants have made a conspicuous bearish move on Peloton Interactive. Our analysis of options history for Peloton Interactive (NASDAQ:PTON) revealed 12 unusual trades.

Delving into the details, we found 33% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $581,868, and 4 were calls, valued at $277,422.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $3.0 to $15.0 for Peloton Interactive over the last 3 months.

Analyzing Volume & Open Interest

In today's trading context, the average open interest for options of Peloton Interactive stands at 4724.78, with a total volume reaching 10,374.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Peloton Interactive, situated within the strike price corridor from $3.0 to $15.0, throughout the last 30 days.

Peloton Interactive Call and Put Volume: 30-Day Overview

Biggest Options Spotted:

About Peloton Interactive

Where Is Peloton Interactive Standing Right Now?

• With a volume of 35,838,163, the price of PTON is down -23.6% at $4.51.
• RSI indicators hint that the underlying stock may be oversold.
• Next earnings are expected to be released in 0 days.

Expert Opinions on Peloton Interactive

1 market experts have recently issued ratings for this stock, with a consensus target price of $8.0.

• An analyst from Telsey Advisory Group has decided to maintain their Market Perform rating on Peloton Interactive, which currently sits at a price target of $8.

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.