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ARM Holdings Unusual Options Activity
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ARM Holdings Unusual Options Activity
Apr 15, 2024 7:49 AM

Financial giants have made a conspicuous bearish move on ARM Holdings ( ARM ). Our analysis of options history for ARM Holdings ( ARM ) revealed 13 unusual trades.

Delving into the details, we found 38% of traders were bullish, while 61% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $170,790, and 9 were calls, valued at $364,980.

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 $100.0 to $162.5 for ARM Holdings ( ARM ) during the past quarter.

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 ARM Holdings's ( ARM ) options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to ARM Holdings's ( ARM ) substantial trades, within a strike price spectrum from $100.0 to $162.5 over the preceding 30 days.

ARM Holdings Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ARM PUT TRADE BULLISH 08/16/24 $17.25 $17.15 $17.15 $125.00 $82.3K 323 52
ARM CALL TRADE BEARISH 09/20/24 $34.65 $34.4 $34.4 $100.00 $68.8K 9 20
ARM CALL TRADE BEARISH 06/21/24 $14.9 $14.8 $14.8 $125.00 $57.7K 575 56
ARM CALL TRADE BULLISH 04/19/24 $10.8 $10.8 $10.8 $116.00 $54.0K 13 2
ARM CALL TRADE NEUTRAL 05/10/24 $11.4 $11.05 $11.2 $125.00 $44.8K 76 42

About ARM Holdings

Arm Holdings ( ARM ) is the IP owner and developer of the ARM architecture (ARM stands for Acorn RISC Machine), which is used in 99% of the world's smartphone CPU cores, and it also has high market share in other battery-powered devices like wearables, tablets, or sensors. Arm licenses its architecture for a fee, offering different types of licenses depending on the flexibility the customer needs. Customers like Apple or Qualcomm buy architectural licenses, which allows them to modify the architecture and add or delete instructions to tailor the chips to their specific needs. Other clients directly buy off-the-shelf designs from Arm. Both off-the-shelf and architectural customers pay a royalty fee per chip shipped.

ARM Holdings's Current Market Status

With a volume of 1,435,710, the price of ARM is down -1.49% at $124.45.

RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.

Next earnings are expected to be released in 23 days.

What The Experts Say On ARM Holdings

In the last month, 3 experts released ratings on this stock with an average target price of $109.33333333333333.

An analyst from Goldman Sachs persists with their Buy rating on ARM Holdings ( ARM ), maintaining a target price of $108.

An analyst from Susquehanna has decided to maintain their Neutral rating on ARM Holdings ( ARM ), which currently sits at a price target of $85.

Maintaining their stance, an analyst from Keybanc continues to hold a Overweight rating for ARM Holdings ( ARM ), targeting a price of $135.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for ARM Holdings ( ARM ) with Benzinga Pro for real-time alerts.

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