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Deere Unusual Options Activity For March 24

Benzinga ·  Mar 24 20:30

Whales with a lot of money to spend have taken a noticeably bullish stance on Deere.

Looking at options history for Deere (NYSE:DE) we detected 16 trades.

If we consider the specifics of each trade, it is accurate to state that 43% of the investors opened trades with bullish expectations and 37% with bearish.

From the overall spotted trades, 8 are puts, for a total amount of $525,876 and 8, calls, for a total amount of $365,920.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $300.0 to $580.0 for Deere over the recent three months.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Deere's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Deere's substantial trades, within a strike price spectrum from $300.0 to $580.0 over the preceding 30 days.

Deere 30-Day Option Volume & Interest Snapshot

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Noteworthy Options Activity:

SymbolPUT/CALLTrade TypeSentimentExp. DateAskBidPriceStrike PriceTotal Trade PriceOpen InterestVolume
DEPUTSWEEPBULLISH01/16/26$22.55$21.65$21.93$420.00$211.6K483298
DEPUTSWEEPNEUTRAL01/16/26$4.95$4.9$4.95$320.00$93.7K402485
DECALLSWEEPBEARISH01/16/26$18.7$17.6$17.6$580.00$84.5K9959
DECALLTRADEBULLISH09/19/25$30.3$29.05$30.25$500.00$66.5K16955
DECALLSWEEPBULLISH06/20/25$25.2$25.05$25.2$480.00$52.9K66453

About Deere

Deere is the world's leading manufacturer of agricultural equipment and a major producer of construction machinery. The company is divided into four reporting segments: production & precision agriculture (PPA), small agriculture & turf (SAT), construction & forestry (CF), and financial services (FS), its captive finance subsidiary. The core PPA business is the largest contributor to sales and profits by far. Geographically, Deere sales are 60% US/Canada, 17% Europe, 14% Latin America, and 9% rest of world. Deere goes to market through a robust dealer network that includes over 2,000 dealer locations in North America with reach into over 100 countries. John Deere financial provides retail financing for machinery to its customers and wholesale financing for dealers.

Current Position of Deere

  • Currently trading with a volume of 892,209, the DE's price is up by 1.59%, now at $479.96.
  • RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
  • Anticipated earnings release is in 52 days.

Professional Analyst Ratings for Deere

A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $501.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.* In a cautious move, an analyst from Baird downgraded its rating to Neutral, setting a price target of $501.

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 Deere options trades with real-time alerts from Benzinga Pro.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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