Financial giants have made a conspicuous bullish move on Crocs. Our analysis of options history for Crocs CROX revealed 8 unusual trades.
Delving into the details, we found 75% of traders were bullish, while 25% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $264,090, and 2 were calls, valued at $1,275,000.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $90.0 and $110.0 for Crocs, spanning the last three months.
Insights into 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 Crocs's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Crocs's significant trades, within a strike price range of $90.0 to $110.0, over the past month.
Crocs 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| CROX | CALL | TRADE | NEUTRAL | 02/16/24 | $100.00 | $662.9K | 493 | 1.3K |
| CROX | CALL | TRADE | BEARISH | 02/16/24 | $100.00 | $612.0K | 493 | 1.2K |
| CROX | PUT | SWEEP | BULLISH | 01/16/26 | $90.00 | $88.5K | 117 | 1 |
| CROX | PUT | SWEEP | BULLISH | 09/20/24 | $100.00 | $43.2K | 147 | 34 |
| CROX | PUT | TRADE | BULLISH | 01/17/25 | $110.00 | $36.5K | 836 | 47 |
About Crocs
Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children. The reportable geographic segments of the company include Americas, Asia pacific, and EMEA.
After a thorough review of the options trading surrounding Crocs, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Current Position of Crocs
- With a trading volume of 801,741, the price of CROX is down by -2.0%, reaching $98.72.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 29 days from now.
What Analysts Are Saying About Crocs
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $120.0.
- Maintaining their stance, an analyst from Raymond James continues to hold a Strong Buy rating for Crocs, targeting a price of $120.
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 Crocs 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 |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
