Whales with a lot of money to spend have taken a noticeably bearish stance on TJX Companies.
Looking at options history for TJX Companies TJX we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 62% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $64,267 and 6, calls, for a total amount of $331,690.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $60.0 to $115.0 for TJX Companies over the recent three months.
Volume & Open Interest Trends
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for TJX Companies's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of TJX Companies's whale trades within a strike price range from $60.0 to $115.0 in the last 30 days.
TJX Companies Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| TJX | CALL | SWEEP | BULLISH | 06/21/24 | $90.00 | $120.9K | 409 | 0 |
| TJX | CALL | SWEEP | BEARISH | 01/19/24 | $90.00 | $57.1K | 7.7K | 131 |
| TJX | CALL | TRADE | BULLISH | 01/19/24 | $90.00 | $52.0K | 7.7K | 446 |
| TJX | CALL | TRADE | BEARISH | 01/19/24 | $60.00 | $35.1K | 47 | 10 |
| TJX | PUT | TRADE | BULLISH | 06/21/24 | $95.00 | $35.0K | 299 | 77 |
About TJX Companies
TJX Companies is the leading off-price retailer of apparel, accessories, and home merchandise in the United States. The firm leverages its more than 21,000 global vendor relationships to procure and sell brand-name merchandise at prices 20%-60% cheaper than conventional retail channels. TJX opportunistically purchases excess inventory that stems from manufacturing overruns and retail closeout sales. The off-price retailer disperses its vast and disparate merchandise across its 4,900 global stores, creating a treasure-hunt shopping experience for consumers. Over three quarters of TJX's sales are derived from the United States, primarily via the T.J. Maxx, Marshalls, and HomeGoods banners. About 10% of sales are from Canada and 12% from Europe and Australia.
After a thorough review of the options trading surrounding TJX Companies, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is TJX Companies Standing Right Now?
- With a trading volume of 1,604,655, the price of TJX is down by 0.0%, reaching $94.75.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 33 days from now.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for TJX Companies with Benzinga Pro for real-time alerts.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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