A look at Pioneer Natural Resources' recent whale trades

Someone with a lot of money to burn took a bearish stance on Pioneer Natural Resources PXD.

And retailers should know.

We noticed this today when the important position appeared on the history of publicly available options that we track here at Benzinga.

Whether it's an institution or just a wealthy individual, we don't know. But when something this big happens with PXD, it often means someone knows something is about to happen.

So how do we know what this whale just did?

Benzinga's options scanner today spotted 11 unusual options trades for Pioneer Natural Resources.

This is not normal.

The general sentiment of these big traders is split between 27% bullish and 72% bearish.

Of all the special options we discovered, 8 are puts, totaling $543,829, and 3 are calls, totaling $184,950 .
What is the target price?
Given the volume and open interest on these contracts, it appears that whales have targeted a price range of $210.0 to $270.0 for Pioneer Natural Resources in the past 3 months.
Development of volume and open interest
In terms of liquidity and interest, the average open interest for Pioneer Natural Resources options trades today is 117.12 with a total volume of 755.00 .

In the following graph we are able to follow the evolution of the volume and the open interest of call and put options for large trades of Pioneer Natural Resources in a strike price range of $210.0 to $270.0 over the last 30 days.
Pioneer Natural Resources Options Volume and Open Interest in the Last 30 Days The biggest options spotted: Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume PXD PUT TRADE BEARISH 09/16/22 $260.00 $234,000 84 100 PXD CALL SWEEP BULLISH 01/19/24 $210.00 $99.8,000 131 21 PXD PUT TRADE NEUTRAL 09/16/22 $255.00 $86,000 39 42 PXD PUT SWEEP NEUTRAL 10/21/22 $270.00 $60,900 0 27 PXD CALL TRADE NEUTRAL 02/09/22 $225.00 $56.2000 195 229
Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume PXD PUT TRADE BEARISH 09/16/22 $260.00 $234,000 84 100 PXD CALL SWEEP BULLISH 01/19/24 $210.00 $99.8,000 131 21 PXD PUT TRADE NEUTRAL 09/16/22 $255.00 $86,000 39 42 PXD PUT SWEEP NEUTRAL 10/21/22 $270.00 $60,900 0 27 PXD CALL TRADE NEUTRAL 02/09/22 $225.00 $56.2000 195 229
How is Pioneer Natural Resources doing right now?

Business Sep 1, 2022 0 80 Add to Reading List

A look at Pioneer Natural Resources' recent whale trades

Someone with a lot of money to burn took a bearish stance on Pioneer Natural Resources PXD.

And retailers should know.

We noticed this today when the important position appeared on the history of publicly available options that we track here at Benzinga.

Whether it's an institution or just a wealthy individual, we don't know. But when something this big happens with PXD, it often means someone knows something is about to happen.

So how do we know what this whale just did?

Benzinga's options scanner today spotted 11 unusual options trades for Pioneer Natural Resources.

This is not normal.

The general sentiment of these big traders is split between 27% bullish and 72% bearish.

Of all the special options we discovered, 8 are puts, totaling $543,829, and 3 are calls, totaling $184,950 .

What is the target price?

Given the volume and open interest on these contracts, it appears that whales have targeted a price range of $210.0 to $270.0 for Pioneer Natural Resources in the past 3 months.

Development of volume and open interest

In terms of liquidity and interest, the average open interest for Pioneer Natural Resources options trades today is 117.12 with a total volume of 755.00 .

In the following graph we are able to follow the evolution of the volume and the open interest of call and put options for large trades of Pioneer Natural Resources in a strike price range of $210.0 to $270.0 over the last 30 days.

Pioneer Natural Resources Options Volume and Open Interest in the Last 30 Days The biggest options spotted: Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume PXD PUT TRADE BEARISH 09/16/22 $260.00 $234,000 84 100 PXD CALL SWEEP BULLISH 01/19/24 $210.00 $99.8,000 131 21 PXD PUT TRADE NEUTRAL 09/16/22 $255.00 $86,000 39 42 PXD PUT SWEEP NEUTRAL 10/21/22 $270.00 $60,900 0 27 PXD CALL TRADE NEUTRAL 02/09/22 $225.00 $56.2000 195 229

Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume PXD PUT TRADE BEARISH 09/16/22 $260.00 $234,000 84 100 PXD CALL SWEEP BULLISH 01/19/24 $210.00 $99.8,000 131 21 PXD PUT TRADE NEUTRAL 09/16/22 $255.00 $86,000 39 42 PXD PUT SWEEP NEUTRAL 10/21/22 $270.00 $60,900 0 27 PXD CALL TRADE NEUTRAL 02/09/22 $225.00 $56.2000 195 229 How is Pioneer Natural Resources doing right now?