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ASML Holding's Options Frenzy: What You Need to Know
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ASML Holding's Options Frenzy: What You Need to Know
Jun 18, 2024 7:12 AM

Investors with a lot of money to spend have taken a bullish stance on ASML Holding ( ASML ) .

And retail traders should know.

We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ASML ( ASML ), it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 15 options trades for ASML Holding ( ASML ).

This isn't normal.

The overall sentiment of these big-money traders is split between 53% bullish and 13%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $30,600, and 14, calls, for a total amount of $829,813.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $900.0 to $1150.0 for ASML Holding ( ASML ) over the recent three months.

Analyzing 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 ( ASML ) 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 ( ASML ) whale trades within a strike price range from $900.0 to $1150.0 in the last 30 days.

ASML Holding Call and Put Volume: 30-Day Overview

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ASML ( ASML ) CALL SWEEP BULLISH 06/21/24 $8.2 $8.1 $8.2 $1060.00 $129.5K 415 10
ASML ( ASML ) CALL TRADE BULLISH 10/18/24 $75.2 $73.4 $75.2 $1100.00 $97.7K 38 0
ASML ( ASML ) CALL TRADE BULLISH 10/18/24 $72.5 $71.1 $72.5 $1110.00 $94.2K 39 0
ASML ( ASML ) CALL TRADE BULLISH 07/19/24 $66.9 $64.7 $66.9 $1020.00 $86.9K 331 0
ASML ( ASML ) CALL TRADE NEUTRAL 06/28/24 $26.2 $25.0 $25.66 $1045.00 $64.1K 58 2

About ASML Holding

ASML ( 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 ( ASML ) outsources the manufacturing of most of its parts, acting like an assembler. ASML's ( ASML ) main clients are TSMC, Samsung, and Intel.

Following our analysis of the options activities associated with ASML Holding ( ASML ), we pivot to a closer look at the company's own performance.

Where Is ASML Holding Standing Right Now?

With a trading volume of 39,763, the price of ASML ( ASML ) is down by -0.81%, reaching $1043.91.

Current RSI values indicate that the stock is may be approaching overbought.

Next earnings report is scheduled for 29 days from now.

What The Experts Say On ASML Holding

A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $1185.0.

An analyst from Wells Fargo persists with their Overweight rating on ASML Holding ( ASML ), maintaining a target price of $1185.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for ASML Holding ( ASML ), Benzinga Pro gives you real-time options trades alerts.

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