Whales with a lot of money to spend have taken a noticeably bullish stance on QuantumScape.
Looking at options history for QuantumScape QS we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 55% of the investors opened trades with bullish expectations and 44% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $166,723 and 5, calls, for a total amount of $168,791.
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 $7.0 to $9.5 for QuantumScape over the last 3 months.
Insights into Volume & Open Interest
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 QuantumScape'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 QuantumScape's whale trades within a strike price range from $7.0 to $9.5 in the last 30 days.
QuantumScape 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 |
|---|---|---|---|---|---|---|---|---|
| QS | CALL | TRADE | BULLISH | 01/16/26 | $7.00 | $47.6K | 1.3K | 116 |
| QS | PUT | SWEEP | BULLISH | 02/16/24 | $9.00 | $47.4K | 17.4K | 1.3K |
| QS | PUT | SWEEP | BEARISH | 02/16/24 | $8.00 | $45.6K | 802 | 855 |
| QS | PUT | SWEEP | BULLISH | 02/16/24 | $9.00 | $38.5K | 17.4K | 576 |
| QS | CALL | TRADE | NEUTRAL | 01/12/24 | $7.00 | $36.8K | 876 | 389 |
About QuantumScape
QuantumScape Corp is engaged in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles. It developed an anode-less cell design, which delivers high energy density while lowering material costs and simplifying manufacturing.
Following our analysis of the options activities associated with QuantumScape, we pivot to a closer look at the company's own performance.
Current Position of QuantumScape
- With a trading volume of 16,650,370, the price of QS is up by 0.86%, reaching $8.78.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 37 days from now.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for QuantumScape with Benzinga Pro for real-time alerts.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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