Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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Financial giants have made a conspicuous bearish move on ConocoPhillips. Our analysis of options history for ConocoPhillips (NYSE:COP) revealed 9 unusual trades.
Delving into the details, we found 44% of traders were bullish, while 55% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $224,560, and 6 were calls, valued at $315,956.
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $125.0 to $160.0 for ConocoPhillips over the last 3 months.
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for ConocoPhillips's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across ConocoPhillips's significant trades, within a strike price range of $125.0 to $160.0, over the past month.
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
COP | CALL | SWEEP | BULLISH | 12/20/24 | $11.65 | $11.45 | $11.65 | $135.00 | $131.6K | 501 | 120 |
COP | PUT | SWEEP | BEARISH | 01/17/25 | $14.55 | $13.65 | $14.6 | $140.00 | $115.3K | 220 | 121 |
COP | PUT | SWEEP | BEARISH | 09/20/24 | $9.45 | $9.35 | $9.45 | $135.00 | $81.2K | 480 | 91 |
COP | CALL | TRADE | BULLISH | 05/17/24 | $6.3 | $6.15 | $6.3 | $130.00 | $63.0K | 6.0K | 56 |
COP | CALL | SWEEP | BULLISH | 05/17/24 | $3.4 | $3.35 | $3.4 | $135.00 | $34.0K | 2.4K | 195 |
ConocoPhillips is a U.S.-based independent exploration and production firm. In 2022, it produced 1.2 million barrels per day of oil and natural gas liquids and 3.1 billion cubic feet per day of natural gas, primarily from Alaska and the Lower 48 in the United States and Norway in Europe and several countries in Asia-Pacific and the Middle East. Proven reserves at year-end 2022 were 6.6 billion barrels of oil equivalent.
After a thorough review of the options trading surrounding ConocoPhillips, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $141.6.
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 ConocoPhillips options trades with real-time alerts from Benzinga Pro.
Posted In: COP