Toll Brothers Options Trading: A Deep Dive into Market Sentiment

Financial giants have made a conspicuous bullish move on Toll Brothers. Our analysis of options history for Toll Brothers TOL revealed 8 unusual trades.

Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $106,488, and 5 were calls, valued at $230,125.

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 $25.0 to $105.0 for Toll Brothers over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Toll Brothers'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 Toll Brothers's whale trades within a strike price range from $25.0 to $105.0 in the last 30 days.

Toll Brothers 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
TOL CALL TRADE BULLISH 01/19/24 $25.00 $69.3K 64 0
TOL CALL TRADE BEARISH 01/19/24 $25.00 $46.6K 64 16
TOL CALL TRADE BULLISH 01/19/24 $25.00 $45.7K 64 22
TOL PUT TRADE BULLISH 06/21/24 $85.00 $42.0K 168 377
TOL PUT SWEEP BEARISH 03/15/24 $90.00 $38.8K 319 210

About Toll Brothers

Toll Brothers is the leading luxury homebuilder in the United States with an average sale price well above public competitors'. The company operates in over 60 markets across 24 states and caters to move-up, active-adult, and second-home buyers. Traditional homebuilding operations represent most of company's revenue. Toll Brothers also builds luxury for-sale and for-rent properties in urban centers across the U.S. It has its headquarters in Horsham, Pennsylvania.

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

Current Position of Toll Brothers

  • With a volume of 855,241, the price of TOL is down -0.91% at $101.85.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 49 days.

Professional Analyst Ratings for Toll Brothers

5 market experts have recently issued ratings for this stock, with a consensus target price of $105.4.

  • An analyst from UBS has decided to maintain their Buy rating on Toll Brothers, which currently sits at a price target of $112.
  • Maintaining their stance, an analyst from Goldman Sachs continues to hold a Sell rating for Toll Brothers, targeting a price of $78.
  • An analyst from Oppenheimer persists with their Outperform rating on Toll Brothers, maintaining a target price of $120.
  • An analyst from RBC Capital persists with their Outperform rating on Toll Brothers, maintaining a target price of $97.
  • An analyst from Raymond James persists with their Strong Buy rating on Toll Brothers, maintaining a target price of $120.

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 Toll Brothers options trades with real-time alerts from Benzinga Pro.

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TOLToll Brothers Inc
$108.960.29%

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Momentum
23.13
Growth
67.15
Quality
55.03
Value
90.83
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