3TXN : Unpacking the Latest Options Trading Trends in Texas Instruments

Deep-pocketed investors have adopted a bullish approach towards Texas Instruments (NASDAQ:TXN), and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in TXN usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga’s options scanner highlighted 43 extraordinary options activities for Texas Instruments. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 48% leaning bullish and 27% bearish. Among these notable options, 6 are puts, totaling $325,563, and 37 are calls, amounting to $2,944,573.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $100.0 and $280.0 for Texas Instruments, spanning the last three months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Texas Instruments’s options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Texas Instruments’s significant trades, within a strike price range of $100.0 to $280.0, over the past month.

Texas Instruments 30-Day Option Volume & Interest Snapshot

Significant Options Trades Detected:

About Texas Instruments

Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world’s largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.

Following our analysis of the options activities associated with Texas Instruments, we pivot to a closer look at the company’s own performance.

Present Market Standing of Texas Instruments

• Trading volume stands at 7,031,287, with TXN’s price up by 1.32%, positioned at $219.02.
• RSI indicators show the stock to be may be overbought.
• Earnings announcement expected in 83 days.

Professional Analyst Ratings for Texas Instruments

In the last month, 5 experts released ratings on this stock with an average target price of $202.0.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements.