financetom
Business
financetom
/
Business
/
ARM Holdings Unusual Options Activity For July 01
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
ARM Holdings Unusual Options Activity For July 01
Jul 1, 2024 7:17 AM

Whales with a lot of money to spend have taken a noticeably bearish stance on ARM Holdings ( ARM ).

Looking at options history for ARM Holdings ( ARM ) we detected 13 trades.

If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 53% with bearish.

From the overall spotted trades, 4 are puts, for a total amount of $174,600 and 9, calls, for a total amount of $518,490.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $100.0 to $250.0 for ARM Holdings ( ARM ) over the last 3 months.

Volume & Open Interest Development

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 $250.0 over the preceding 30 days.

ARM Holdings Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ARM CALL SWEEP BEARISH 09/20/24 $20.1 $19.55 $19.5 $165.00 $87.7K 925 0
ARM CALL SWEEP BULLISH 08/16/24 $9.0 $8.6 $8.7 $185.00 $87.1K 3.7K 112
ARM CALL SWEEP BEARISH 08/16/24 $8.6 $8.25 $8.25 $185.00 $82.0K 3.7K 252
ARM CALL TRADE NEUTRAL 07/19/24 $26.2 $24.3 $25.31 $135.00 $75.9K 1.8K 0
ARM PUT TRADE NEUTRAL 07/05/24 $13.65 $12.05 $12.7 $170.00 $63.5K 969 12

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. Off-the-shelf and architectural customers pay a royalty fee per chip shipped.

Where Is ARM Holdings Standing Right Now?

With a volume of 354,013, the price of ARM is down -0.89% at $162.17.

RSI indicators hint that the underlying stock may be overbought.

Next earnings are expected to be released in 45 days.

What Analysts Are Saying About ARM Holdings

A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $164.0.

Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for ARM Holdings ( ARM ), targeting a price of $180.

Maintaining their stance, an analyst from Goldman Sachs continues to hold a Buy rating for ARM Holdings ( ARM ), targeting a price of $143.

Consistent in their evaluation, an analyst from Guggenheim keeps a Buy rating on ARM Holdings ( ARM ) with a target price of $169.

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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-Bain Capital-Backed Chipmaker Kioxia Plans To List Shares Between December 2024 And June 2025, Regulatory Filing Shows
BRIEF-Bain Capital-Backed Chipmaker Kioxia Plans To List Shares Between December 2024 And June 2025, Regulatory Filing Shows
Nov 9, 2024
Nov 8 (Reuters) - * BAIN CAPITAL-BACKED CHIPMAKER KIOXIA FILES REGISTRATION STATEMENT FOR IPO * KIOXIA PLANS TO LIST SHARES BETWEEN DECEMBER 2024 AND JUNE 2025 - REGULATORY FILING Source text: https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100UOKQ.pdf ...
Kioxia files IPO registration statement; targeting December, sources say
Kioxia files IPO registration statement; targeting December, sources say
Nov 9, 2024
* Bain scrapped October IPO for Kioxia * Kioxia is first company to use new IPO rules * Rules allow Kioxia to sound out investors (Adds company filing) By Miho Uranaka and Sam Nussey TOKYO, Nov 8 (Reuters) - Bain Capital-backed Kioxia filed a registration statement on Friday which will allow the Japanese chipmaker to sound out investors for an...
Ireland's fiscal fortunes suddenly tied to Trump's economic agenda
Ireland's fiscal fortunes suddenly tied to Trump's economic agenda
Nov 9, 2024
DUBLIN (Reuters) - The unique exposure of Ireland's low-tax business model to the United States could place its public finances at significant risk under a Donald Trump presidency - if he follows through on pre-election promises. Trump has pledged to incentivise industries to bring production back to the United States, and to slash the corporate tax rate to Irish levels....
Asia stocks sputter as focus shifts to China stimulus
Asia stocks sputter as focus shifts to China stimulus
Nov 9, 2024
TOKYO (Reuters) -Asian stocks pared early gains on Friday as investors cautiously turned their focus to stimulus announcements from China later in the day with Beijing's week-long legislative meeting drawing to a close. Regional equities had started the day by tracking Wall Street's overnight rise to record highs, with investors digesting the Federal Reserve's message for careful interest rate cuts...
Copyright 2023-2026 - www.financetom.com All Rights Reserved