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Whales with lots of money take a noticeably bearish stance Spotify technology.
View Spotify technology option history spot Detected 11 strange transactions.
Considering the details of each trade, we can accurately say that 36% of investors entered with bullish expectations and 63% with bearish expectations.
Of the total trades spotted, 4 were puts with a total value of $382,173 and 7 were calls with a total value of $408,120.
What is your target price?
Considering the volume and open interest of these deals, it appears that over the past three months, whales have set the price range for Spotify technology between $100.0 and $150.0.
Changes in turnover and open interest
In terms of liquidity and interest rates, the average open interest for options trading on the Spotify technology today is 571.25 and the total volume is 541.00.
In the chart below, you can follow the evolution of Spotify Technology’s block trade volume and call and put option open interest within the strike price range of $100.0 to $150.0 over the past 30 days.
Spotify technology options volume and open interest over the last 30 days
Biggest option discovered:
| symbol | put/call | transaction type | emotions | EXP date | strike price | total transaction price | open interest | Volume |
|---|---|---|---|---|---|---|---|---|
| spot | put | trade | strong | 24/01/19 | $125.00 | $168.0K | 971 | 100 |
| spot | phone | trade | bearish | 24/01/19 | $150.00 | $160.0K | 2.0K | 100 |
| spot | put | trade | strong | 24/01/19 | $120.00 | $104.3K | 570 | 73 |
| spot | phone | trade | bearish | 24/01/19 | $145.00 | $87.2K | 645 | 49 |
| spot | put | trade | bearish | 23/04/28 | $130.00 | $55.4K | 60 | 8 |
| symbol | put/call | transaction type | emotions | EXP date | strike price | total transaction price | open interest | Volume |
|---|---|---|---|---|---|---|---|---|
| spot | put | trade | strong | 24/01/19 | $125.00 | $168.0K | 971 | 100 |
| spot | phone | trade | bearish | 24/01/19 | $150.00 | $160.0K | 2.0K | 100 |
| spot | put | trade | strong | 24/01/19 | $120.00 | $104.3K | 570 | 73 |
| spot | phone | trade | bearish | 24/01/19 | $145.00 | $87.2K | 645 | 49 |
| spot | put | trade | bearish | 23/04/28 | $130.00 | $55.4K | 60 | 8 |
Where Does Spotify Technology Stand Now?
- With a volume of 395,104, the SPOT price is up 0.77% to $130.88.
- The RSI indicator suggests that the underlying asset may be approaching overbought.
- The next earnings will be announced in 26 days.
Expert opinion on Spotify technology:
- Guggenheim upgrades action to buy with $155 price target
Options are a riskier asset compared to trading stocks, but have higher profit potential. The Serious Option His traders manage this risk by educating themselves daily, scaling in and out their trades, following multiple indicators, and closely following the market.
If you want to stay up to date on the latest options trading from Spotify Technology, Benzinga Pro provides real-time options trading alerts.
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