Aon Unusual Options Activity For October 27

Aon Unusual Options Activity For October 27

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

Looking at options history for Aon AON we detected 11 strange trades.

If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 63% with bearish.

From the overall spotted trades, 4 are puts, for a total amount of $248,110 and 7, calls, for a total amount of $370,955.

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 $270.0 to $290.0 for Aon over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Aon options trades today is 260.33 with a total volume of 950.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Aon's big money trades within a strike price range of $270.0 to $290.0 over the last 30 days.

Aon 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
AON PUT TRADE BULLISH 01/20/23 $280.00 $95.8K 246 94
AON CALL TRADE BULLISH 01/20/23 $280.00 $74.4K 180 125
AON CALL SWEEP BULLISH 01/20/23 $290.00 $70.7K 636 94
AON CALL TRADE BEARISH 11/18/22 $280.00 $64.8K 59 134
AON PUT TRADE NEUTRAL 11/18/22 $280.00 $63.9K 114 124

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
AON PUT TRADE BULLISH 01/20/23 $280.00 $95.8K 246 94
AON CALL TRADE BULLISH 01/20/23 $280.00 $74.4K 180 125
AON CALL SWEEP BULLISH 01/20/23 $290.00 $70.7K 636 94
AON CALL TRADE BEARISH 11/18/22 $280.00 $64.8K 59 134
AON PUT TRADE NEUTRAL 11/18/22 $280.00 $63.9K 114 124

Where Is Aon Standing Right Now?

  • With a volume of 628,328, the price of AON is up 2.19% at $283.21.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 1 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 Aon, Benzinga Pro gives you real-time options trades alerts.

Posted In: BZI-UOAOptionsMarkets