What the Options Market Tells Us About Estee Lauder Cos

Whales with a lot of money to spend have taken a noticeably bullish stance on Estee Lauder Cos.

Looking at options history for Estee Lauder Cos EL we detected 16 trades.

If we consider the specifics of each trade, it is accurate to state that 62% of the investors opened trades with bullish expectations and 37% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $119,345 and 14, calls, for a total amount of $1,663,291.

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 $130.0 to $150.0 for Estee Lauder Cos over the last 3 months.

Analyzing Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Estee Lauder Cos's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Estee Lauder Cos's substantial trades, within a strike price spectrum from $130.0 to $150.0 over the preceding 30 days.

Estee Lauder Cos Call and Put Volume: 30-Day Overview

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
EL CALL SWEEP BULLISH 04/19/24 $140.00 $368.5K 3.1K 436
EL CALL SWEEP BULLISH 04/19/24 $140.00 $332.6K 3.1K 194
EL CALL SWEEP BULLISH 04/19/24 $140.00 $175.4K 3.1K 830
EL CALL SWEEP BEARISH 01/19/24 $140.00 $149.8K 7.6K 163
EL CALL SWEEP BULLISH 04/19/24 $140.00 $103.8K 3.1K 650

About Estee Lauder Cos

Estee Lauder is a leader in the global prestige beauty market, participating across skin care (56% of 2022 sales), makeup (26%), fragrance (14%), and hair care (4%) categories, with top-selling brands such as Estee Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 26% of revenue from the Americas, 43% from Europe, the Middle East and Africa (including travel retail), and 31% from Asia Pacific. Estee Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.

Present Market Standing of Estee Lauder Cos

  • Currently trading with a volume of 1,083,165, the EL's price is down by -0.01%, now at $149.0.
  • RSI readings suggest the stock is currently may be overbought.
  • Anticipated earnings release is in 43 days.

Expert Opinions on Estee Lauder Cos

Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $171.5.

  • An analyst from DA Davidson has decided to maintain their Buy rating on Estee Lauder Cos, which currently sits at a price target of $163.
  • Reflecting concerns, an analyst from HSBC lowers its rating to Buy with a new 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 Estee Lauder Cos, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
Date of Trade
Strike Price
Posted In: OptionsMarketsBZI-UOA
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