Looking At United Parcel Service's Recent Whale Trades

Looking At United Parcel Service's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bearish stance on United Parcel Service.

Looking at options history for United Parcel Service UPS we detected 13 strange trades.

If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 69% with bearish.

From the overall spotted trades, 9 are puts, for a total amount of $446,746 and 4, calls, for a total amount of $252,542.

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 $230.0 for United Parcel Service 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 United Parcel Service'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 United Parcel Service's whale trades within a strike price range from $120.0 to $230.0 in the last 30 days.

United Parcel Service 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
UPS CALL SWEEP BEARISH 01/20/23 $195.00 $115.0K 2.8K 5
UPS PUT SWEEP BULLISH 01/20/23 $155.00 $98.0K 2.1K 116
UPS PUT SWEEP BEARISH 01/20/23 $150.00 $95.1K 5.5K 153
UPS CALL TRADE BULLISH 10/07/22 $167.50 $74.5K 129 373
UPS PUT SWEEP NEUTRAL 01/20/23 $150.00 $43.6K 5.5K 290

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
UPS CALL SWEEP BEARISH 01/20/23 $195.00 $115.0K 2.8K 5
UPS PUT SWEEP BULLISH 01/20/23 $155.00 $98.0K 2.1K 116
UPS PUT SWEEP BEARISH 01/20/23 $150.00 $95.1K 5.5K 153
UPS CALL TRADE BULLISH 10/07/22 $167.50 $74.5K 129 373
UPS PUT SWEEP NEUTRAL 01/20/23 $150.00 $43.6K 5.5K 290

Where Is United Parcel Service Standing Right Now?

  • With a volume of 1,554,441, the price of UPS is down -1.56% at $164.51.
  • RSI indicators hint that the underlying stock may be oversold.
  • Next earnings are expected to be released in 26 days.

What The Experts Say On United Parcel Service:

  • Barclays has decided to maintain their Equal-Weight rating on United Parcel Service, which currently sits at a price target of $180.

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 United Parcel Service, Benzinga Pro gives you real-time options trades alerts.

Posted In: BZI-UOAOptionsMarkets