Someone with a lot of money to spend (and possibly insider knowledge) has taken an unusually bullish stance on Ford Motor.
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with F, it often means somebody knows something is about to happen.
So how do we know what the Smart Money just did?
Today, Benzinga's options scanner spotted 20 uncommon options trades for Ford Motor F.
This isn't normal.
The overall sentiment of these big-money traders is split between 75.0% bullish and 25.0%, bearish.
Out of all of the special options we uncovered, 16 are puts, for a total amount of $1,243,402, and 4 are calls, for a total amount of $221,162.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that the smart money is targeting a price range from $12.0 to $15.0 for Ford Motor in the over the last 3 months.
Volume & Open Interest Development
In terms of liquidity and interest, the total open interest for Ford Motor big money options trades today is 212,442 with a total volume of 49,546.
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 $12.0 to $15.0 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 | CALL | SWEEP | BULLISH | 10/15/21 | $14.00 | $115.9K | 72.7K | 6.8K |
| F | PUT | TRADE | NEUTRAL | 06/17/22 | $15.00 | $71.5K | 9.5K | 4.6K |
| F | PUT | TRADE | NEUTRAL | 06/17/22 | $15.00 | $71.5K | 9.5K | 4.3K |
| F | PUT | TRADE | NEUTRAL | 06/17/22 | $15.00 | $71.5K | 9.5K | 4.1K |
| F | PUT | TRADE | BULLISH | 06/17/22 | $15.00 | $71.0K | 9.5K | 3.8K |
Where Is Ford Motor Standing Right Now?
- With a volume of 18,473,254, the price of F is up -0.42% over the last 24 hours at $13.16.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 41 days.
What The Experts Say On Ford Motor:
- Wells Fargo has decided to maintain their Overweight rating on Ford Motor, which currently sits at a price target of $17.0.
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 are already an options trader or would like to get started, head on over to Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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