A financial giant has made a conspicuous bearish move on KLA. Our analysis of options history for KLA KLAC revealed 10 unusual trades. Delving into the details, we found 30% of traders were bullish, while 70% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $208,340, and 4 were calls, valued at $147,358.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $460.0 and $560.0 for KLA, spanning the last three months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for KLA options trades today is 79.0 with a total volume of 72.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for KLA's big money trades within a strike price range of $460.0 to $560.0 over the last 30 days.
KLA 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| KLAC | CALL | TRADE | BULLISH | 06/21/24 | $490.00 | $47.6K | 13 | 7 |
| KLAC | PUT | TRADE | NEUTRAL | 06/21/24 | $530.00 | $41.7K | 4 | 18 |
| KLAC | PUT | TRADE | NEUTRAL | 06/21/24 | $530.00 | $41.7K | 4 | 11 |
| KLAC | CALL | TRADE | NEUTRAL | 03/15/24 | $560.00 | $39.6K | 15 | 0 |
| KLAC | PUT | TRADE | BULLISH | 06/21/24 | $480.00 | $35.3K | 129 | 10 |
KLA's Current Market Status
- With a volume of 282,016, the price of KLAC is up 0.01% at $498.92.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 79 days.
What Analysts Are Saying About KLA:
- Maintaining their stance, Morgan Stanley continues to hold a Equal-Weight rating for KLA, targeting a price of $500.
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 KLA, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
