Check Out What Whales Are Doing With BURL

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

Looking at options history for Burlington Stores BURL we detected 10 strange trades.

If we consider the specifics of each trade, it is accurate to state that 70% of the investors opened trades with bullish expectations and 30% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $106,443 and 7, calls, for a total amount of $597,300.

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 $195.0 to $222.5 for Burlington Stores 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 Burlington Stores'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 Burlington Stores's whale activity within a strike price range from $195.0 to $222.5 in the last 30 days.

Burlington Stores 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
BURL CALL TRADE BULLISH 03/03/23 $220.00 $275.0K 675 556
BURL CALL TRADE BULLISH 03/10/23 $222.50 $120.0K 40 200
BURL CALL TRADE NEUTRAL 04/21/23 $220.00 $52.8K 64 55
BURL CALL SWEEP BULLISH 03/10/23 $222.50 $44.4K 40 200
BURL PUT SWEEP BULLISH 03/17/23 $210.00 $42.6K 793 44

Where Is Burlington Stores Standing Right Now?

  • With a volume of 893,277, the price of BURL is up 0.37% at $217.92.
  • RSI indicators hint that the underlying stock may be approaching oversold.
  • Next earnings are expected to be released in 0 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 Burlington Stores, Benzinga Pro gives you real-time options trades alerts.

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BURLBurlington Stores Inc
$249.77-1.13%

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Momentum
33.70
Growth
97.28
Quality
59.51
Value
45.21
Price Trend
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