Deep-pocketed investors have adopted a bearish approach towards ASML Holding (NASDAQ: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 12 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 25% leaning bullish and 50% bearish. Among these notable options, 2 are puts, totaling $198,380, and 10 are calls, amounting to $500,193.
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 $640.0 to $1100.0 for ASML Holding 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 ASML Holding'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 ASML Holding's whale trades within a strike price range from $640.0 to $1100.0 in the last 30 days.
ASML Holding Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASML | PUT | TRADE | BEARISH | 09/20/24 | $89.3 | $87.4 | $89.3 | $1100.00 | $116.0K | 110 | 0 |
| ASML | CALL | SWEEP | BEARISH | 07/19/24 | $59.0 | $58.0 | $58.0 | $1030.00 | $92.8K | 187 | 2 |
| ASML | PUT | TRADE | NEUTRAL | 01/17/25 | $68.2 | $58.3 | $63.3 | $980.00 | $82.2K | 172 | 0 |
| ASML | CALL | TRADE | BEARISH | 08/16/24 | $271.6 | $264.0 | $264.0 | $800.00 | $79.2K | 4 | 0 |
| ASML | CALL | TRADE | BEARISH | 07/19/24 | $147.1 | $143.6 | $144.9 | $920.00 | $57.9K | 123 | 0 |
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.
In light of the recent options history for ASML Holding, it's now appropriate to focus on the company itself. We aim to explore its current performance.
ASML Holding's Current Market Status
- Currently trading with a volume of 49,224, the ASML's price is up by 1.24%, now at $1060.9.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 14 days.
Professional Analyst Ratings for ASML Holding
In the last month, 1 experts released ratings on this stock with an average target price of $1185.0.
- Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on ASML Holding with a target price of $1185.
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.