financetom
Technology
financetom
/
Technology
/
Smart Money Is Betting Big In ASML Options
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Smart Money Is Betting Big In ASML Options
Mar 8, 2024 7:22 AM

Whales with a lot of money to spend have taken a noticeably bearish stance on ASML Holding ( ASML ).

Looking at options history for ASML Holding ( ASML ) we detected 12 trades.

If we consider the specifics of each trade, it is accurate to state that 8% of the investors opened trades with bullish expectations and 91% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $280,385 and 7, calls, for a total amount of $415,819.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $700.0 to $1080.0 for ASML Holding ( ASML ) over the last 3 months.

Volume & Open Interest Development

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 ASML Holding's ( ASML ) 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 ASML Holding's ( ASML ) whale activity within a strike price range from $700.0 to $1080.0 in the last 30 days.

ASML Holding 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
ASML ( ASML ) CALL SWEEP BEARISH 10/18/24 $850.00 $173.3K 4 7
ASML ( ASML ) CALL TRADE BEARISH 07/19/24 $1040.00 $80.0K 43 8
ASML ( ASML ) PUT TRADE NEUTRAL 04/19/24 $990.00 $79.9K 105 6
ASML ( ASML ) PUT TRADE BEARISH 07/19/24 $1020.00 $75.5K 29 10
ASML ( ASML ) PUT TRADE BEARISH 07/19/24 $950.00 $60.1K 5 13

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?

Trading volume stands at 73,428, with ASML's ( ASML ) price down by -1.05%, positioned at $1036.4.

RSI indicators show the stock to be may be approaching overbought.

Earnings announcement expected in 40 days.

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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Mar 22, 2024
In the preceding three months, 17 analysts have released ratings for Confluent , presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 5 5...
The Analyst Landscape: 7 Takes On Clear Secure
The Analyst Landscape: 7 Takes On Clear Secure
Mar 22, 2024
Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
Mar 22, 2024
The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator...
Copyright 2023-2025 - www.financetom.com All Rights Reserved