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Check Out What Whales Are Doing With ASML
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Check Out What Whales Are Doing With ASML
Jun 12, 2024 7:18 AM

Investors with a lot of money to spend have taken a bearish stance on ASML Holding ( ASML ) .

And retail traders should know.

We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ASML ( ASML ), it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 16 options trades for ASML Holding ( ASML ).

This isn't normal.

The overall sentiment of these big-money traders is split between 25% bullish and 68%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $41,720, and 15, calls, for a total amount of $1,597,086.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $560.0 to $1520.0 for ASML Holding ( ASML ) over the recent three months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

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 activity within a strike price range from $560.0 to $1520.0 in the last 30 days.

ASML Holding Call and Put Volume: 30-Day Overview

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 ) CALL SWEEP BEARISH 08/16/24 $32.8 $32.3 $32.3 $1150.00 $371.4K 38 465
ASML ( ASML ) CALL SWEEP BEARISH 08/16/24 $33.4 $32.8 $32.85 $1150.00 $298.9K 38 300
ASML ( ASML ) CALL TRADE BEARISH 07/05/24 $70.9 $67.8 $67.8 $1010.00 $135.6K 8 0
ASML ( ASML ) CALL SWEEP BULLISH 06/21/24 $9.8 $9.4 $9.63 $1100.00 $117.4K 1.1K 101
ASML ( ASML ) CALL TRADE BEARISH 08/16/24 $33.0 $32.2 $32.25 $1150.00 $109.6K 38 430

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.

After a thorough review of the options trading surrounding ASML Holding ( ASML ), we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Present Market Standing of ASML Holding

With a volume of 56,542, the price of ASML ( ASML ) is up 2.19% at $1058.65.

RSI indicators hint that the underlying stock may be approaching overbought.

Next earnings are expected to be released in 35 days.

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.

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