A whale with a lot of money to spend has taken a noticeably bearish stance on Microsoft.
Looking at options history for Microsoft (NASDAQ:MSFT) we detected 105 strange trades.
If we consider the specifics of each trade, it is accurate to state that 38% of the investors opened trades with bullish expectations and 61% with bearish.
From the overall spotted trades, 62 are puts, for a total amount of $5,448,596 and 43, calls, for a total amount of $3,311,523.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $170.0 to $450.0 for Microsoft 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 Microsoft'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 Microsoft's whale activity within a strike price range from $170.0 to $450.0 in the last 30 days.
Microsoft Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MSFT | CALL | SWEEP | BEARISH | 01/20/23 | $210.00 | $282.2K | 1.3K | 79 |
| MSFT | CALL | SWEEP | BEARISH | 10/21/22 | $240.00 | $180.7K | 16.9K | 16.3K |
| MSFT | PUT | SWEEP | BEARISH | 06/16/23 | $450.00 | $149.3K | 0 | 35 |
| MSFT | CALL | SWEEP | BULLISH | 10/21/22 | $240.00 | $132.2K | 16.9K | 19.4K |
| MSFT | PUT | SWEEP | BULLISH | 09/15/23 | $430.00 | $114.9K | 0 | 34 |
Where Is Microsoft Standing Right Now?
- With a volume of 14,429,359, the price of MSFT is up 0.35% at $238.35.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 7 days.
What The Experts Say On Microsoft:
- Barclays has decided to maintain their Overweight rating on Microsoft, which currently sits at a price target of $310.
- Deutsche Bank has decided to maintain their Buy rating on Microsoft, which currently sits at a price target of $315.
- Mizuho has decided to maintain their Buy rating on Microsoft, which currently sits at a price target of $320.
- Morgan Stanley has decided to maintain their Overweight rating on Microsoft, which currently sits at a price target of $325.
- Wells Fargo has decided to maintain their Overweight rating on Microsoft, which currently sits at a price target of $315.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Microsoft, Benzinga Pro gives you real-time options trades alerts.
