Find out what whales are doing with DOW

A whale with plenty of money to spend has taken a noticeably bearish stance on the Dow.

Reviewing the options history for Dow DOW, we detected 12 strange transactions.

If we consider the specifics of each trade, it is correct to say that 41% of investors opened trades with bullish expectations and 58% with bearish expectations.

Of all the transactions identified, 10 are puts, for a total amount of $932,522 and 2 are calls, for a total amount of $147,343.

What is the target price?

Given the volume and open interest on these contracts, it appears the whales have been targeting a price range of $35.0 to $47.5 for Dow over the past few months. Last 3 months.

Development of volume and open interest

In terms of liquidity and interest, the average open interest for Dow options trades today is 1,662.8 with a total volume of 6,610.00.

In the following chart, we are able to track the development of the volume and open interest of call and put options for large Dow trades within a range of exercise price of $35.0 to $47.5 in the last 30 days.

Dow 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 DOW PUT TRADE BULLISH 01/19/24 $40.00 $367,500 730 757 DOW PUT SWEEP BULLISH 03/17/23 $45.00 $135,100 410 317 DOW CALL SWEEP BULLISH 01/20/23 $47.50 $106.8,000 1.3K 480 DOW PUT SWEEP BEARISH 06/16/23 $42.50 $84.5,000 419 193 DOW PUT SWEEP BEARISH 10/21/22 $44.00 $78,000 729 678

Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume DOW PUT TRADE BULLISH 01/19/24 $40.00 $367,500 730 757 DOW PUT SWEEP BULLISH 03/17/23 $45.00 $135,100 410 317 DOW CALL SWEEP BULLISH 01/20/23 $47.50 $106.8,000 1.3K 480 DOW PUT SWEEP BEARISH 06/16/23 $42.50 $84.5,000 419 193 DOW PUT SWEEP BEARISH 10/21/22 $44.00 $78,000 729 678

Where is Dow right now? With volume at 3,041,710, the DOW price is up 0.22% at $45.08. RSI indicators suggest that the underlying stock may be oversold. The next results should be published in 28 days.

Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.

If you want to stay informed about the latest options trades for Dow, Benzinga Pro gives you real-time options trade alerts.

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