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A Closer Look at Lumentum Holdings's Options Market Dynamics

Benzinga ·  Nov 26 04:45

Whales with a lot of money to spend have taken a noticeably bullish stance onLumentum Holdings.

Looking at options history for Lumentum Holdings (NASDAQ:LITE) we detected 8 trades.

If we consider the specifics of each trade, it is accurate to state that 75% of the investors opened trades with bullish expectations and 0% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $64,320 and 6, calls, for a total amount of $357,160.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $77.5 to $115.0 for...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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