Financial giants have made a conspicuous bearish move on ONEOK. Our analysis of options history for ONEOK (NYSE:OKE) revealed 10 unusual trades.
Delving into the details, we found 30% of traders were bullish, while 40% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $1,175,640, and 4 were calls, valued at $198,649.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $105.0 to $125.0 for ONEOK during the past quarter.
Analyzing Volume & Open Interest
In today's trading context, the average open interest for options of ONEOK stands at 201.0, with a total volume reaching 1,759.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in ONEOK, situated within the strike price corridor from $105.0 to $125.0, throughout the last 30 days.
ONEOK Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OKE | PUT | TRADE | BULLISH | 01/17/25 | $10.0 | $9.6 | $9.7 | $120.00 | $970.0K | 59 | 1.0K |
| OKE | CALL | TRADE | BEARISH | 01/16/26 | $16.4 | $15.6 | $15.8 | $105.00 | $64.7K | 277 | 42 |
| OKE | PUT | TRADE | BEARISH | 01/17/25 | $3.8 | $3.7 | $3.8 | $110.00 | $57.0K | 383 | 210 |
| OKE | CALL | TRADE | BULLISH | 04/17/25 | $8.0 | $7.7 | $7.9 | $110.00 | $54.5K | 664 | 105 |
| OKE | PUT | TRADE | BEARISH | 09/19/25 | $15.2 | $14.8 | $15.2 | $120.00 | $47.1K | 0 | 50 |
About ONEOK
Oneok provides natural gas gathering, processing, storage, and transportation as well as natural gas liquids transportation and fractionation. It owns extensive assets in the midcontinent, Permian, and Rocky Mountain regions.
After a thorough review of the options trading surrounding ONEOK, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is ONEOK Standing Right Now?
- With a volume of 4,754,730, the price of OKE is down -5.9% at $110.14.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 91 days.
What The Experts Say On ONEOK
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $108.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access.* Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on ONEOK with a target price of $107. * An analyst from Barclays has decided to maintain their Equal-Weight rating on ONEOK, which currently sits at a price target of $99. * An analyst from Truist Securities has decided to maintain their Hold rating on ONEOK, which currently sits at a price target of $99. * Maintaining their stance, an analyst from Seaport Global continues to hold a Buy rating for ONEOK, targeting a price of $103. * An analyst from UBS persists with their Buy rating on ONEOK, maintaining a target price of $132.
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. Stay informed about the latest ONEOK options trades with real-time alerts from Benzinga Pro.
