Today, Benzinga’s options scanner spotted 45 uncommon options trades for Microsoft (NASDAQ:MSFT). The overall sentiment shows 53.33% of the big-money traders are bullish on the stock and 46.67%, bearish. Out of all of the special options found by our algorithm, 26 are puts, for a total amount of $6,225,964 and 19, calls, for a total amount of $4,790,747.
What’s The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that the smart money is targeting a price range from $210.0 to $350.0 for Microsoft in the over the last 3 months.
Volume & Open Interest Development
In terms of liquidity and interest, the total open interest for Microsoft big money options trades today is 189,916 with a total volume of 78,621.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Microsoft’s big money trades within a strike price range of $210.0 to $350.0 over the last 30 days.
Microsoft Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MSFT | PUT | SWEEP | BULLISH | 11/19/21 | $255.00 | $525.9K | 5.5K | 3.7K |
| MSFT | PUT | TRADE | BEARISH | 01/21/22 | $210.00 | $251.0K | 19.4K | 1.0K |
| MSFT | CALL | SWEEP | BEARISH | 10/01/21 | $287.50 | $216.8K | 4.2K | 8.2K |
| MSFT | CALL | SWEEP | NEUTRAL | 10/01/21 | $287.50 | $261.1K | 4.2K | 6.6K |
| MSFT | CALL | SWEEP | BEARISH | 12/17/21 | $310.00 | $110.4K | 8.5K | 4.2K |
Where Is Microsoft Standing Right Now?
- With a volume of 26,252,250, the price of MSFT is up 0.17% over the last 24 hours at $284.0.
- RSI indicators hint that the underlying stock may be oversold.
- Next earnings are expected to be released in 27 days.
What The Experts Say On Microsoft:
- Barclays has decided to maintain their Overweight rating on Microsoft, which currently sits at a price target of $345.0.
- Rosenblatt downgraded its action to Buy with a price target of $349.0
- Morgan Stanley has decided to maintain their Overweight rating on Microsoft, which currently sits at a price target of $331.0.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely. If you are already an options trader or would like to get started, head on over to Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy.
