This Is What Whales Are Betting On Etsy

A whale with a lot of money to spend has taken a noticeably bullish stance on Etsy.

Looking at options history for Etsy ETSY we detected 10 strange trades.

If we consider the specifics of each trade, it is accurate to state that 60% of the investors opened trades with bullish expectations and 40% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $63,820 and 8, calls, for a total amount of $345,885.

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 $95.0 to $125.0 for Etsy over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Etsy options trades today is 445.88 with a total volume of 1,981.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Etsy's big money trades within a strike price range of $95.0 to $125.0 over the last 30 days.

Etsy 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
ETSY CALL SWEEP BEARISH 08/19/22 $104.00 $82.5K 158 104
ETSY CALL TRADE BULLISH 01/20/23 $95.00 $54.0K 371 20
ETSY CALL TRADE NEUTRAL 01/20/23 $100.00 $49.7K 388 20
ETSY CALL TRADE BULLISH 08/05/22 $109.00 $39.0K 287 493
ETSY CALL TRADE BEARISH 08/05/22 $109.00 $35.4K 287 292

Where Is Etsy Standing Right Now?

  • With a volume of 1,462,243, the price of ETSY is up 0.23% at $108.75.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 90 days.

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 Etsy, Benzinga Pro gives you real-time options trades alerts.

ETSY Logo
ETSYEtsy Inc
$57.89-0.46%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
35.23
Growth
45.73
Quality
N/A
Value
26.56
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment

Comments
Loading...