Deep-pocketed investors have adopted a bearish approach towards ASML Holding ASML, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ASML usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 25 extraordinary options activities for ASML Holding. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 40% leaning bullish and 60% bearish. Among these notable options, 10 are puts, totaling $612,730, and 15 are calls, amounting to $696,730.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $410.0 to $800.0 for ASML Holding over the last 3 months.
Insights into 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 ASML Holding's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to ASML Holding's substantial trades, within a strike price spectrum from $410.0 to $800.0 over the preceding 30 days.
ASML Holding 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| ASML | PUT | SWEEP | BULLISH | 02/16/24 | $680.00 | $299.3K | 265 | 3 |
| ASML | CALL | TRADE | BEARISH | 01/26/24 | $640.00 | $84.6K | 0 | 0 |
| ASML | CALL | TRADE | NEUTRAL | 01/16/26 | $630.00 | $73.3K | 37 | 7 |
| ASML | CALL | SWEEP | NEUTRAL | 04/19/24 | $710.00 | $65.5K | 50 | 0 |
| ASML | PUT | SWEEP | BEARISH | 01/19/24 | $730.00 | $63.6K | 206 | 51 |
About ASML Holding
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's main clients are TSMC, Samsung, and Intel.
Where Is ASML Holding Standing Right Now?
- With a trading volume of 323,832, the price of ASML is down by -2.28%, reaching $700.6.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 21 days from now.
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 ASML Holding options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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