High-rolling investors have positioned themselves bullish on Texas Instruments (NASDAQ:TXN), and it's important for retail traders to take note.\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in TXN often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 11 options trades for Texas Instruments. This is not a typical pattern.
The sentiment among these major traders is split, with 63% bullish and 27% bearish. Among all the options we identified, there was one put, amounting to $39,510, and 10 calls, totaling $512,951.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $190.0 and $210.0 for Texas Instruments, spanning the last three months.
Insights into Volume & Open Interest
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 Texas Instruments'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 Texas Instruments's whale activity within a strike price range from $190.0 to $210.0 in the last 30 days.
Texas Instruments Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TXN | CALL | SWEEP | BULLISH | 01/17/25 | $16.25 | $16.2 | $16.25 | $200.00 | $156.0K | 3.2K | 349 |
| TXN | CALL | SWEEP | BULLISH | 01/17/25 | $15.85 | $15.65 | $15.85 | $200.00 | $76.1K | 3.2K | 76 |
| TXN | CALL | SWEEP | BEARISH | 12/20/24 | $9.1 | $8.6 | $8.7 | $210.00 | $42.6K | 1.5K | 49 |
| TXN | PUT | SWEEP | BULLISH | 10/04/24 | $4.05 | $3.95 | $3.95 | $205.00 | $39.5K | 13 | 201 |
| TXN | CALL | SWEEP | BULLISH | 11/15/24 | $6.65 | $6.5 | $6.55 | $210.00 | $39.3K | 1.4K | 106 |
About Texas Instruments
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
Following our analysis of the options activities associated with Texas Instruments, we pivot to a closer look at the company's own performance.
Texas Instruments's Current Market Status
- Trading volume stands at 1,143,121, with TXN's price up by 0.23%, positioned at $203.77.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 29 days.
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