Financial giants have made a conspicuous bullish move on Texas Instruments ( TXN ). Our analysis of options history for Texas Instruments ( TXN ) revealed 18 unusual trades.
Delving into the details, we found 66% of traders were bullish, while 22% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $64,560, and 16 were calls, valued at $797,782.
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $130.0 and $220.0 for Texas Instruments ( TXN ), spanning the last three months.
In terms of liquidity and interest, the mean open interest for Texas Instruments ( TXN ) options trades today is 1570.2 with a total volume of 3,970.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Texas Instruments's ( TXN ) big money trades within a strike price range of $130.0 to $220.0 over the last 30 days.
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TXN | CALL | SWEEP | BULLISH | 3.9K | 708 | ||||||
| TXN | CALL | SWEEP | BULLISH | 3.9K | 1.2K | ||||||
| TXN | CALL | SWEEP | BULLISH | 6.7K | 137 | ||||||
| TXN | CALL | TRADE | BULLISH | 3.9K | 1.0K | ||||||
| TXN | CALL | SWEEP | BULLISH | 500 | 29 |
Dallas-based Texas Instruments ( TXN ) generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments ( TXN ) is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments ( TXN ) also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
Following our analysis of the options activities associated with Texas Instruments ( TXN ), we pivot to a closer look at the company's own performance.
With a volume of 2,113,041, the price of TXN is down -0.51% at $193.98.
RSI indicators hint that the underlying stock may be overbought.
Next earnings are expected to be released in 67 days.
5 market experts have recently issued ratings for this stock, with a consensus target price of $181.4.
An analyst from Cantor Fitzgerald has revised its rating downward to Neutral, adjusting the price target to $180.
An analyst from Citigroup persists with their Neutral rating on Texas Instruments ( TXN ), maintaining a target price of $185.
Consistent in their evaluation, an analyst from Baird keeps a Neutral rating on Texas Instruments ( TXN ) with a target price of $175.
Maintaining their stance, an analyst from Goldman Sachs continues to hold a Sell rating for Texas Instruments ( TXN ), targeting a price of $157.
Reflecting concerns, an analyst from Rosenblatt lowers its rating to Buy with a new price target of $210.
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 Texas Instruments ( TXN ) options trades with real-time alerts from Benzinga Pro.