Financial giants have made a conspicuous bearish move on Alpha Metallurgical. Our analysis of options history for Alpha Metallurgical AMR revealed 14 unusual trades.
Delving into the details, we found 35% of traders were bullish, while 64% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $375,941, and 6 were calls, valued at $210,015.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $55.0 and $520.0 for Alpha Metallurgical, spanning the last three months.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for Alpha Metallurgical options trades today is 70.44 with a total volume of 429.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Alpha Metallurgical's big money trades within a strike price range of $55.0 to $520.0 over the last 30 days.
Alpha Metallurgical Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| AMR | PUT | TRADE | BEARISH | 05/17/24 | $500.00 | $136.4K | 0 | 0 |
| AMR | PUT | SWEEP | NEUTRAL | 05/17/24 | $520.00 | $62.8K | 11 | 0 |
| AMR | CALL | SWEEP | BULLISH | 01/19/24 | $370.00 | $50.1K | 314 | 72 |
| AMR | PUT | TRADE | NEUTRAL | 08/16/24 | $400.00 | $40.0K | 0 | 6 |
| AMR | CALL | TRADE | NEUTRAL | 01/19/24 | $350.00 | $38.6K | 130 | 1 |
About Alpha Metallurgical
Alpha Metallurgical Resources Inc is a Tennessee-based coal mining company with operations across Virginia and West Virginia. The company's portfolio of mining operations consists of underground mines, surface mines and coal preparation plants. It produces low-ash metallurgical coal, including High-Vol. A, Mid-Vol., High-Vol. B, and Low-Vol. coal, which is shipped to domestic and international coke and steel producers. The reportable segments of the company are Met. It extracts, processes and markets met and thermal coal from deep and surface mines for sale to steel and coke producers, industrial customers, and electric utilities.
In light of the recent options history for Alpha Metallurgical, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Alpha Metallurgical's Current Market Status
- With a volume of 129,769, the price of AMR is down 0.0% at $365.72.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 44 days.
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 Alpha Metallurgical 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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