Unpacking the Latest Options Trading Trends in HubSpot

Financial giants have made a conspicuous bearish move on HubSpot. Our analysis of options history for HubSpot HUBS revealed 8 unusual trades.

Delving into the details, we found 25% of traders were bullish, while 75% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $107,567, and 5 were calls, valued at $214,407.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $300.0 to $540.0 for HubSpot over the recent three months.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for HubSpot options trades today is 189.33 with a total volume of 60.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for HubSpot's big money trades within a strike price range of $300.0 to $540.0 over the last 30 days.

HubSpot Option Volume And Open Interest Over Last 30 Days

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
HUBS PUT TRADE BULLISH 01/19/24 $540.00 $50.0K 300 1
HUBS CALL SWEEP BEARISH 01/19/24 $540.00 $49.4K 426 33
HUBS CALL SWEEP BEARISH 01/19/24 $540.00 $49.0K 426 23
HUBS CALL SWEEP BEARISH 01/19/24 $540.00 $49.0K 426 3
HUBS CALL TRADE BEARISH 06/21/24 $500.00 $36.3K 70 3

About HubSpot

HubSpot provides a cloud-based marketing, sales, and customer service software platform referred to as the growth platform. The applications are available ala carte or packaged together. HubSpot's mission is to help companies grow better and has expanded from its initial focus on inbound marketing to embrace marketing, sales, and service more broadly. The company was founded in 2006, completed its initial public offering in 2014, and is headquartered in Cambridge, Massachusetts.

In light of the recent options history for HubSpot, it's now appropriate to focus on the company itself. We aim to explore its current performance.

HubSpot's Current Market Status

  • Currently trading with a volume of 136,769, the HUBS's price is down by 0.0%, now at $579.9.
  • RSI readings suggest the stock is currently may be overbought.
  • Anticipated earnings release is in 51 days.

What Analysts Are Saying About HubSpot

In the last month, 2 experts released ratings on this stock with an average target price of $575.0.

  • An analyst from Piper Sandler upgraded its action to Overweight with a price target of $610.
  • Maintaining their stance, an analyst from BMO Capital continues to hold a Outperform rating for HubSpot, targeting a price of $540.

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 HubSpot options trades with real-time alerts from Benzinga Pro.

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Posted In: OptionsMarketsBZI-UOA
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