Financial giants have made a conspicuous bearish move on KLA. Our analysis of options history for KLA (NASDAQ:KLAC) revealed 15 unusual trades.
Delving into the details, we found 20% of traders were bullish, while 26% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $95,237, and 12 were calls, valued at $537,131.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $440.0 to $860.0 for KLA during the past quarter.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for KLA'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 KLA's whale activity within a strike price range from $440.0 to $860.0 in the last 30 days.
KLA Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| KLAC | CALL | TRADE | BEARISH | 06/21/24 | $93.3 | $90.2 | $90.2 | $760.00 | $90.2K | 238 | 1 |
| KLAC | CALL | TRADE | NEUTRAL | 07/19/24 | $315.6 | $309.0 | $312.33 | $540.00 | $62.4K | 0 | 0 |
| KLAC | CALL | TRADE | BEARISH | 01/16/26 | $455.0 | $445.0 | $448.5 | $440.00 | $44.8K | 1 | 0 |
| KLAC | CALL | TRADE | BULLISH | 01/16/26 | $444.5 | $439.0 | $444.5 | $440.00 | $44.4K | 1 | 1 |
| KLAC | CALL | TRADE | BULLISH | 01/16/26 | $438.5 | $434.0 | $438.5 | $450.00 | $43.8K | 9 | 0 |
About KLA
KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.
Following our analysis of the options activities associated with KLA, we pivot to a closer look at the company's own performance.
KLA's Current Market Status
- Currently trading with a volume of 282,510, the KLAC's price is down by -1.48%, now at $850.58.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 35 days.
Expert Opinions on KLA
In the last month, 3 experts released ratings on this stock with an average target price of $863.3333333333334.
- Consistent in their evaluation, an analyst from Raymond James keeps a Outperform rating on KLA with a target price of $875.
- Showing optimism, an analyst from Barclays upgrades its rating to Equal-Weight with a revised price target of $765.
- An analyst from Wells Fargo has decided to maintain their Overweight rating on KLA, which currently sits at a price target of $950.
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 KLA options trades with real-time alerts from Benzinga Pro.