Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Texas Instruments Unusual Options Activity

Author: Benzinga Insights | June 27, 2024 02:02pm

High-rolling investors have positioned themselves bullish on Texas Instruments (NASDAQ:TXN), and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in TXN often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 10 options trades for Texas Instruments. This is not a typical pattern.

The sentiment among these major traders is split, with 60% bullish and 20% bearish. Among all the options we identified, there was one put, amounting to $399,000, and 9 calls, totaling $678,423.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $175.0 and $270.0 for Texas Instruments, spanning the last three months.

Insights into 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 Texas Instruments's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Texas Instruments's substantial trades, within a strike price spectrum from $175.0 to $270.0 over the preceding 30 days.

Texas Instruments Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
TXN PUT TRADE BEARISH 12/20/24 $5.75 $5.6 $5.7 $175.00 $399.0K 311 3
TXN CALL SWEEP BEARISH 10/18/24 $5.05 $4.9 $4.92 $210.00 $253.9K 1.2K 1
TXN CALL SWEEP BULLISH 08/16/24 $4.5 $4.45 $4.5 $200.00 $89.1K 2.2K 171
TXN CALL SWEEP BULLISH 10/18/24 $5.0 $4.9 $4.95 $210.00 $81.4K 1.2K 1
TXN CALL SWEEP BULLISH 08/16/24 $4.5 $4.45 $4.5 $200.00 $69.7K 2.2K 14

About Texas Instruments

Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.

Having examined the options trading patterns of Texas Instruments, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Texas Instruments's Current Market Status

  • Currently trading with a volume of 2,077,376, the TXN's price is up by 0.3%, now at $193.68.
  • RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
  • Anticipated earnings release is in 26 days.

Expert Opinions on Texas Instruments

Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $230.0.

  • An analyst from Benchmark has decided to maintain their Buy rating on Texas Instruments, which currently sits at a price target of $230.
  • An analyst from Benchmark persists with their Buy rating on Texas Instruments, maintaining a target price of $230.

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 Texas Instruments with Benzinga Pro for real-time alerts.

Posted In: TXN