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.
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.
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.
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
PUT | TRADE | BEARISH | 110 | 0 | |||||||
CALL | SWEEP | BEARISH | 187 | 2 | |||||||
PUT | TRADE | NEUTRAL | 172 | 0 | |||||||
CALL | TRADE | BEARISH | 4 | 0 | |||||||
CALL | TRADE | BEARISH | 123 | 0 |
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.
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.
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.