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This Is What Whales Are Betting On ASML Holding
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This Is What Whales Are Betting On ASML Holding
May 3, 2024 9:24 AM

Deep-pocketed investors have adopted a bullish 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 44 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 56% leaning bullish and 34% bearish. Among these notable options, 7 are puts, totaling $372,214, and 37 are calls, amounting to $2,199,023.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $690.0 to $1030.0 for ASML Holding ( ASML ) over the recent three months.

Volume & Open Interest Development

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in ASML Holding's ( ASML ) options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to ASML Holding's ( ASML ) substantial trades, within a strike price spectrum from $690.0 to $1030.0 over the preceding 30 days.

ASML Holding Option Activity Analysis: Last 30 Days

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ASML ( ASML ) CALL SWEEP NEUTRAL 09/20/24 $48.4 $45.3 $45.3 $990.00 $163.0K 27 1
ASML ( ASML ) PUT TRADE BULLISH 07/19/24 $101.7 $100.5 $100.5 $980.00 $160.8K 41 0
ASML ( ASML ) CALL TRADE BULLISH 05/31/24 $30.0 $26.6 $30.0 $900.00 $120.0K 85 11
ASML ( ASML ) CALL TRADE BULLISH 07/19/24 $55.0 $52.9 $55.0 $910.00 $99.0K 345 238
ASML ( ASML ) CALL TRADE BULLISH 07/19/24 $55.5 $53.2 $55.1 $910.00 $88.1K 345 222

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.

Following our analysis of the options activities associated with ASML Holding ( ASML ), we pivot to a closer look at the company's own performance.

Where Is ASML Holding Standing Right Now?

With a trading volume of 456,559, the price of ASML ( ASML ) is up by 3.49%, reaching $900.64.

Current RSI values indicate that the stock is is currently neutral between overbought and oversold.

Next earnings report is scheduled for 75 days from now.

What Analysts Are Saying About ASML Holding

1 market experts have recently issued ratings for this stock, with a consensus target price of $1052.0.

An analyst from Bernstein has decided to maintain their Outperform rating on ASML Holding ( ASML ), which currently sits at a price target of $1052.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for ASML Holding ( ASML ) with Benzinga Pro for real-time alerts.

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