Financial giants have made a conspicuous bullish move on ARM Holdings ( ARM ). Our analysis of options history for ARM Holdings ( ARM ) revealed 27 unusual trades.
Delving into the details, we found 55% of traders were bullish, while 44% showed bearish tendencies. Out of all the trades we spotted, 10 were puts, with a value of $439,056, and 17 were calls, valued at $1,543,671.
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $52.5 and $165.0 for ARM Holdings ( ARM ), spanning the last three months.
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for ARM Holdings's ( ARM ) options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across ARM Holdings's ( ARM ) significant trades, within a strike price range of $52.5 to $165.0, over the past month.
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| ARM | CALL | SWEEP | BEARISH | 115 | 50 | |||
| ARM | CALL | TRADE | BULLISH | 79 | 10 | |||
| ARM | CALL | SWEEP | BEARISH | 1.8K | 2.7K | |||
| ARM | PUT | SWEEP | BULLISH | 1.0K | 0 | |||
| ARM | CALL | SWEEP | BULLISH | 4.1K | 1.3K |
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.
Following our analysis of the options activities associated with ARM Holdings ( ARM ), we pivot to a closer look at the company's own performance.
With a volume of 3,309,466, the price of ARM is up 1.17% at $128.46.
RSI indicators hint that the underlying stock may be approaching overbought.
Next earnings are expected to be released in 58 days.
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $150.0.
An analyst from Rosenblatt has decided to maintain their Buy rating on ARM Holdings ( ARM ), which currently sits at a price target of $180.
Reflecting concerns, an analyst from New Street Research lowers its rating to Neutral with a new price target of $110.
Consistent in their evaluation, an analyst from Mizuho keeps a Buy rating on ARM Holdings ( ARM ) with a target price of $160.
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 ARM Holdings ( ARM ) options trades with real-time alerts from Benzinga Pro.