Looking At Texas Instruments's Recent Unusual Options Activity

view original post

Someone with a lot of money to spend has taken a bearish stance on Texas Instruments TXN.

And retail traders should know.

We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we don’t know. But when something this big happens with TXN, it often means somebody knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga‘s options scanner spotted 37 uncommon options trades for Texas Instruments.

This isn’t normal.

The overall sentiment of these big-money traders is split between 40% bullish and 59%, bearish.

Out of all of the special options we uncovered, 25 are puts, for a total amount of $1,653,253, and 12 are calls, for a total amount of $404,720.

What’s The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $150.0 to $260.0 for Texas Instruments over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Texas Instruments’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 Texas Instruments’s whale activity within a strike price range from $150.0 to $260.0 in the last 30 days.

Texas Instruments 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
TXN PUT TRADE BEARISH 02/17/23 $175.00 $371.4K 2.9K 769
TXN PUT TRADE BULLISH 02/17/23 $155.00 $142.0K 6.7K 1.0K
TXN PUT SWEEP BEARISH 02/17/23 $210.00 $131.7K 398 87
TXN PUT SWEEP BEARISH 02/17/23 $260.00 $106.5K 853 13
TXN PUT SWEEP BEARISH 02/17/23 $210.00 $70.6K 398 111

Where Is Texas Instruments Standing Right Now?

  • With a volume of 2,419,999, the price of TXN is up 2.81% at $180.09.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 15 days.

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 want to stay updated on the latest options trades for Texas Instruments, Benzinga Pro gives you real-time options trades alerts.