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Investors with a lot of money to spend have taken a bullish stance on Burlington Stores BURL . 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 BURL, it often means somebody knows something is about to happen. Today, Benzinga's options scanner spotted 9 options trades for Burlington Stores .
This isn't normal. The overall sentiment of these big-money traders is split between 77% bullish and 11%, bearish. Out of all of the options we uncovered, there was 1 put, for a total amount of $40,594, and 8, calls, for a total amount of $467,819.
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 $170.0 and $190.0 for Burlington Stores, spanning the last 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 Burlington Stores's 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 Burlington Stores's whale activity within a strike price range from $170.
0 to $190.0 in the last 30 days. Loading.
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