A whale with a lot of money to spend has taken a noticeably bullish stance on Celsius Holdings.
Looking at options history for Celsius Holdings CELH we detected 10 strange trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $243,570 and 5, calls, for a total amount of $389,285.
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 $85.0 to $150.0 for Celsius Holdings 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 Celsius Holdings'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 Celsius Holdings's whale activity within a strike price range from $85.0 to $150.0 in the last 30 days.
Celsius Holdings 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 |
|---|---|---|---|---|---|---|---|---|
| CELH | CALL | TRADE | BULLISH | 01/20/23 | $90.00 | $122.2K | 841 | 47 |
| CELH | CALL | TRADE | BULLISH | 10/21/22 | $115.00 | $99.0K | 12 | 102 |
| CELH | CALL | TRADE | BEARISH | 09/16/22 | $110.00 | $79.2K | 365 | 88 |
| CELH | PUT | TRADE | BULLISH | 01/20/23 | $150.00 | $60.5K | 0 | 44 |
| CELH | PUT | TRADE | BULLISH | 01/20/23 | $150.00 | $60.5K | 0 | 33 |
Where Is Celsius Holdings Standing Right Now?
- With a volume of 882,238, the price of CELH is up 7.13% at $105.92.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 13 days.
What The Experts Say On Celsius Holdings:
- Stifel has decided to maintain their Buy rating on Celsius Holdings, which currently sits at a price target of $115.
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 Celsius Holdings, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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