A whale with a lot of money to spend has taken a noticeably bearish stance on Ford Motor.
Looking at options history for Ford Motor (NYSE:F) we detected 19 strange trades.
If we consider the specifics of each trade, it is accurate to state that 42% of the investors opened trades with bullish expectations and 57% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $595,660 and 14, calls, for a total amount of $869,439.
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 $10.0 to $19.0 for Ford Motor over the last 3 months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Ford Motor options trades today is 35416.54 with a total volume of 76,476.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Ford Motor's big money trades within a strike price range of $10.0 to $19.0 over the last 30 days.
Ford Motor 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 |
|---|---|---|---|---|---|---|---|---|
| F | PUT | SWEEP | BULLISH | 09/16/22 | $17.00 | $266.0K | 68.2K | 22.0K |
| F | CALL | SWEEP | BEARISH | 10/21/22 | $19.00 | $220.4K | 3.7K | 10.1K |
| F | CALL | SWEEP | BULLISH | 10/21/22 | $18.00 | $138.4K | 16.7K | 3.3K |
| F | PUT | SWEEP | BEARISH | 12/16/22 | $17.00 | $127.3K | 4.0K | 587 |
| F | PUT | SWEEP | BEARISH | 10/21/22 | $16.00 | $85.5K | 46.6K | 802 |
Where Is Ford Motor Standing Right Now?
- With a volume of 18,880,438, the price of F is down -2.14% at $15.8.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 68 days.
What The Experts Say On Ford Motor:
- RBC Capital has decided to maintain their Sector Perform rating on Ford Motor, which currently sits at a price target of $15.
- Morgan Stanley has decided to maintain their Equal-Weight rating on Ford Motor, which currently sits at a price target of $14.
- Citigroup has decided to maintain their Neutral rating on Ford Motor, which currently sits at a price target of $16.
- Benchmark has decided to maintain their Buy rating on Ford Motor, which currently sits at a price target of $23.
- JP Morgan has decided to maintain their Overweight rating on Ford Motor, which currently sits at a price target of $19.
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 Ford Motor, Benzinga Pro gives you real-time options trades alerts.
