Looking At Antero Resources's Recent Whale Trades

Looking At Antero Resources's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Antero Resources AR.

And retail traders should know.

We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with AR, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 13 options trades for Antero Resources.

This isn't normal.

The overall sentiment of these big-money traders is split between 7% bullish and 92%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $25,000, and 12, calls, for a total amount of $2,502,120..

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 $20.0 to $45.0 for Antero Resources over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Antero Resources'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 Antero Resources's whale trades within a strike price range from $20.0 to $45.0 in the last 30 days.

Antero Resources 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
AR CALL SWEEP BEARISH 02/17/23 $20.00 $356.0K 1.3K 400
AR CALL SWEEP BEARISH 02/17/23 $20.00 $356.0K 1.3K 200
AR CALL SWEEP BEARISH 02/17/23 $20.00 $356.0K 1.3K 600
AR CALL SWEEP BEARISH 01/20/23 $30.00 $196.0K 5.7K 200
AR CALL SWEEP BEARISH 01/20/23 $30.00 $194.0K 5.7K 850

Where Is Antero Resources Standing Right Now?

  • With a volume of 1,118,427, the price of AR is down -1.65% at $36.9.
  • RSI indicators hint that the underlying stock may be approaching oversold.
  • Next earnings are expected to be released in 36 days.

What The Experts Say On Antero Resources:

  • Goldman Sachs has decided to maintain their Buy rating on Antero Resources, which currently sits at a price target of $48.
  • Morgan Stanley has decided to maintain their Equal-Weight rating on Antero Resources, which currently sits at a price target of $37.

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

Posted In: BZI-UOAOptionsMarkets