Investors with a lot of money to spend have taken a bullish stance on Accenture ( ACN ) .

And retail traders should know.

We noticed this today when the trades 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 ACN, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 18 uncommon options trades for Accenture ( ACN ).

This isn't normal.

The overall sentiment of these big-money traders is split between 50% bullish and 33%, bearish.

Out of all of the special options we uncovered, 4 are puts, for a total amount of $188,179, and 14 are calls, for a total amount of $2,369,068.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $290.0 to $360.0 for Accenture ( ACN ) during the past quarter.

Analyzing Volume & Open Interest

In today's trading context, the average open interest for options of Accenture ( ACN ) stands at 497.83, with a total volume reaching 1,095.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Accenture ( ACN ), situated within the strike price corridor from $290.0 to $360.0, throughout the last 30 days.

Accenture Call and Put Volume: 30-Day Overview

Significant Options Trades Detected:

About Accenture

Accenture ( ACN ) is a leading global IT-services firm that provides consulting, strategy, and technology and operational services. These services run the gamut from aiding enterprises with digital transformation to procurement services to software system integration. The company provides its IT offerings to a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture ( ACN ) employs just under 500,000 people throughout 200 cities in 51 countries.

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

Present Market Standing of Accenture

Currently trading with a volume of 2,730,076, the ACN's price is up by 0.72%, now at $327.34.

RSI readings suggest the stock is currently is currently neutral between overbought and oversold.

Anticipated earnings release is in 71 days.

Expert Opinions on Accenture

A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $335.6.

In a cautious move, an analyst from Goldman Sachs downgraded its rating to Neutral, setting a price target of $335.

Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for Accenture ( ACN ), targeting a price of $350.

Consistent in their evaluation, an analyst from Susquehanna keeps a Neutral rating on Accenture ( ACN ) with a target price of $350.

An analyst from TD Cowen has decided to maintain their Hold rating on Accenture ( ACN ), which currently sits at a price target of $293.

An analyst from BMO Capital has decided to maintain their Market Perform rating on Accenture ( ACN ), which currently sits at a price target of $350.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Accenture ( ACN ), Benzinga Pro gives you real-time options trades alerts.