Loading...
Loading...
Deep-pocketed investors have adopted a bearish approach towards Macy's M , 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 M usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for Macy's. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 12% leaning bullish and 75% bearish.
Among these notable options, 5 are puts, totaling $177,590, and 3 are calls, amounting to $238,400. What's The Price Target? After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $16.0 and $21.
0 for Macy's, spanning the last three months. Analyzing Volume & Open Interest Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Macy's's options at specified strike prices.
The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Macy's's substantial trades, within a strike price spectrum from $16.0 to $21.0 over the preceding 30 days.
Macy's Option Activity Analysis: Last 30 Days Noteworthy Options Ac.
