financetom
Technology
financetom
/
Technology
/
A Closer Look at ASML Holding's Options Market Dynamics
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
A Closer Look at ASML Holding's Options Market Dynamics
Jul 3, 2024 7:12 AM

Deep-pocketed investors have adopted a bearish approach towards ASML Holding ( ASML ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ASML ( ASML ) usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 12 extraordinary options activities for ASML Holding ( ASML ). This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 25% leaning bullish and 50% bearish. Among these notable options, 2 are puts, totaling $198,380, and 10 are calls, amounting to $500,193.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $640.0 to $1100.0 for ASML Holding ( ASML ) over the last 3 months.

Insights into 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 $640.0 to $1100.0 in the last 30 days.

ASML Holding Option Volume And Open Interest Over Last 30 Days

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ASML ( ASML ) PUT TRADE BEARISH 09/20/24 $89.3 $87.4 $89.3 $1100.00 $116.0K 110 0
ASML ( ASML ) CALL SWEEP BEARISH 07/19/24 $59.0 $58.0 $58.0 $1030.00 $92.8K 187 2
ASML ( ASML ) PUT TRADE NEUTRAL 01/17/25 $68.2 $58.3 $63.3 $980.00 $82.2K 172 0
ASML ( ASML ) CALL TRADE BEARISH 08/16/24 $271.6 $264.0 $264.0 $800.00 $79.2K 4 0
ASML ( ASML ) CALL TRADE BEARISH 07/19/24 $147.1 $143.6 $144.9 $920.00 $57.9K 123 0

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.

In light of the recent options history for ASML Holding ( ASML ), it's now appropriate to focus on the company itself. We aim to explore its current performance.

ASML Holding's Current Market Status

Currently trading with a volume of 49,224, the ASML's ( ASML ) price is up by 1.24%, now at $1060.9.

RSI readings suggest the stock is currently may be approaching overbought.

Anticipated earnings release is in 14 days.

Professional Analyst Ratings for ASML Holding

In the last month, 1 experts released ratings on this stock with an average target price of $1185.0.

Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on ASML Holding ( ASML ) with a target price of $1185.

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 ASML Holding ( ASML ) options trades with real-time alerts from Benzinga Pro.

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 >
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
Mar 22, 2024
The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator...
The Analyst Landscape: 7 Takes On Clear Secure
The Analyst Landscape: 7 Takes On Clear Secure
Mar 22, 2024
Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Mar 22, 2024
In the preceding three months, 17 analysts have released ratings for Confluent , presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 5 5...
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
Copyright 2023-2025 - www.financetom.com All Rights Reserved