Whales with a lot of money to spend have taken a noticeably bearish stance on ARM Holdings.
Looking at options history for ARM Holdings (NASDAQ:ARM) we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 60% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $160,218 and 6, calls, for a total amount of $238,382.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $72.5 to $130.0 for ARM Holdings over the recent three months.
Volume & Open Interest Development
In today's trading context, the average open interest for options of ARM Holdings stands at 1325.9, with a total volume reaching 1,949.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in ARM Holdings, situated within the strike price corridor from $72.5 to $130.0, throughout the last 30 days.
ARM Holdings 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ARM | PUT | TRADE | BEARISH | 07/19/24 | $9.3 | $9.25 | $9.3 | $115.00 | $68.8K | 1.0K | 94 |
| ARM | CALL | TRADE | BEARISH | 09/20/24 | $9.9 | $9.75 | $9.75 | $130.00 | $64.3K | 1.6K | 145 |
| ARM | CALL | TRADE | BULLISH | 06/21/24 | $10.4 | $10.15 | $10.4 | $110.00 | $49.9K | 2.8K | 49 |
| ARM | PUT | TRADE | BEARISH | 05/24/24 | $2.09 | $2.01 | $2.06 | $113.00 | $37.6K | 634 | 513 |
| ARM | CALL | TRADE | BULLISH | 08/16/24 | $43.1 | $42.35 | $42.94 | $72.50 | $34.3K | 1.9K | 8 |
About ARM Holdings
Arm Holdings is the IP owner and developer of the ARM architecture (ARM stands for Acorn RISC Machine), which is used in 99% of the world's smartphone CPU cores, and it also has high market share in other battery-powered devices like wearables, tablets, or sensors. Arm licenses its architecture for a fee, offering different types of licenses depending on the flexibility the customer needs. Customers like Apple or Qualcomm buy architectural licenses, which allows them to modify the architecture and add or delete instructions to tailor the chips to their specific needs. Other clients directly buy off-the-shelf designs from Arm. Both off-the-shelf and architectural customers pay a royalty fee per chip shipped.
In light of the recent options history for ARM Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Current Position of ARM Holdings
- With a volume of 2,382,581, the price of ARM is down -0.46% at $114.24.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 85 days.
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.