Investors with a lot of money to spend have taken a bearish stance on Ford Motor F.
And retail traders should know.
We noticed this today when the trades 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 F, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 11 options trades for Ford Motor.
This isn't normal.
The overall sentiment of these big-money traders is split between 27% bullish and 72%, bearish.
Out of all of the options we uncovered, 10 are puts, for a total amount of $2,301,448, and there was 1 call, for a total amount of $28,800.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $8.0 to $16.0 for Ford Motor over the last 3 months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of Ford Motor stands at 17715.29, with a total volume reaching 34,094.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Ford Motor, situated within the strike price corridor from $8.0 to $16.0, throughout the last 30 days.
Ford Motor Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| F | PUT | TRADE | BULLISH | 01/17/25 | $9.35 | $1.5M | 63.8K | 14.0K |
| F | PUT | SWEEP | BEARISH | 01/19/24 | $10.00 | $225.8K | 38.6K | 4.8K |
| F | PUT | SWEEP | BEARISH | 11/10/23 | $10.50 | $115.1K | 7.9K | 100 |
| F | PUT | SWEEP | BULLISH | 01/16/26 | $10.00 | $98.5K | 4.2K | 13 |
| F | PUT | SWEEP | BEARISH | 03/15/24 | $8.00 | $68.0K | 2.0K | 8.0K |
About Ford Motor
Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. In March 2022, the company announced that it will run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor. The company has about 13% market share in the United States, about 6.5% share in Europe, and about 2.1% share in China including unconsolidated affiliates. We expect market share to increase as inventory improves coming out of the chip shortage. Sales in the U.S. made up about 67% of 2022 total company revenue. Ford has about 173,000 employees, including about 57,000 UAW employees, and is based in Dearborn, Michigan.
Having examined the options trading patterns of Ford Motor, our attention now turns directly to the company. This shift allows us to delve into its present market position and the perspectives of analysts on its stock.
Where Is Ford Motor Standing Right Now?
- With a trading volume of 16,572,842, the price of F is down by -0.1%, reaching $10.04.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 84 days from now.
Expert Opinions on Ford Motor
2 market experts have recently issued ratings for this stock, with a consensus target price of $14.5.
- An analyst from Morgan Stanley persists with their Overweight rating on Ford Motor, maintaining a target price of $15.
- Showing optimism, an analyst from Barclays upgrades its rating to Overweight with a revised price target of $14.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Ford Motor options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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