Looking At Texas Instruments's Recent Whale Trades

Looking At Texas Instruments's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bearish stance on Texas Instruments.

Looking at options history for Texas Instruments TXN we detected 91 strange trades.

If we consider the specifics of each trade, it is accurate to state that 15% of the investors opened trades with bullish expectations and 84% with bearish.

From the overall spotted trades, 19 are puts, for a total amount of $1,986,428 and 72, calls, for a total amount of $3,277,645.

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 $120.0 to $185.0 for Texas Instruments over the last 3 months.

Volume & Open Interest Development

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 Texas Instruments'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 Texas Instruments's whale activity within a strike price range from $120.0 to $185.0 in the last 30 days.

Texas Instruments Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
TXN CALL TRADE BULLISH 08/12/22 $160.00 $138.0K 20 400
TXN CALL TRADE BEARISH 12/16/22 $180.00 $132.5K 61 250
TXN CALL TRADE BEARISH 01/19/24 $145.00 $63.0K 25 599
TXN CALL TRADE BULLISH 01/19/24 $145.00 $58.5K 25 91
TXN CALL TRADE BEARISH 01/19/24 $145.00 $56.4K 25 679

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
TXN CALL TRADE BULLISH 08/12/22 $160.00 $138.0K 20 400
TXN CALL TRADE BEARISH 12/16/22 $180.00 $132.5K 61 250
TXN CALL TRADE BEARISH 01/19/24 $145.00 $63.0K 25 599
TXN CALL TRADE BULLISH 01/19/24 $145.00 $58.5K 25 91
TXN CALL TRADE BEARISH 01/19/24 $145.00 $56.4K 25 679

Where Is Texas Instruments Standing Right Now?

  • With a volume of 2,414,339, the price of TXN is down -1.07% at $162.14.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 1 days.

What The Experts Say On Texas Instruments:

  • Benchmark downgraded its action to Buy with a price target of $205
  • Deutsche Bank has decided to maintain their Hold rating on Texas Instruments, which currently sits at a price target of $160.
  • B of A Securities downgraded its action to Neutral with a price target of $175
  • Oppenheimer has decided to maintain their Outperform rating on Texas Instruments, which currently sits at a price target of $200.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Texas Instruments, Benzinga Pro gives you real-time options trades alerts.

Posted In: BZI-UOAOptionsMarkets