Whales with a lot of money to spend have taken a noticeably bearish stance on Hasbro.
Looking at options history for Hasbro HAS we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 66% with bearish.
From the overall spotted trades, 7 are puts, for a total amount of $355,845 and 2, calls, for a total amount of $438,818.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $42.5 and $60.0 for Hasbro, 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 Hasbro's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Hasbro's significant trades, within a strike price range of $42.5 to $60.0, over the past month.
Hasbro Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| HAS | CALL | SWEEP | BULLISH | 02/16/24 | $47.50 | $409.6K | 20 | 1.3K |
| HAS | PUT | TRADE | BULLISH | 01/19/24 | $52.50 | $105.4K | 1.9K | 751 |
| HAS | PUT | SWEEP | BEARISH | 01/19/24 | $52.50 | $69.7K | 1.9K | 6 |
| HAS | PUT | SWEEP | BEARISH | 01/19/24 | $52.50 | $44.4K | 1.9K | 184 |
| HAS | PUT | TRADE | BULLISH | 01/17/25 | $47.50 | $39.0K | 408 | 1 |
About Hasbro
Hasbro is a branded play company providing children and families around the world with entertainment offerings based on a world-class brand portfolio. From toys and games to television programming, motion pictures, and a licensing program, Hasbro reaches customers by leveraging its well-known brands such as Transformers, Nerf, and Magic: The Gathering. Ownership stakes in Discovery Family, which offers programming around Hasbro brands, and production capabilities (some of which are set to be divested) from Entertainment One helped bolster Hasbro's multichannel presence. The firm acquired EOne in 2019, bolting on popular family properties like Peppa Pig and PJ Masks, and tied up with Dungeons & Dragons Beyond in 2022, offering the firm access 10 million digital tabletop players.
In light of the recent options history for Hasbro, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Current Position of Hasbro
- With a trading volume of 709,467, the price of HAS is down by -0.92%, reaching $49.44.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 43 days from now.
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 Hasbro options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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