Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

United Parcel Service Whale Trades For April 26

A whale with a lot of money to spend has taken a noticeably bullish stance on United Parcel Service.

Looking at options history for United Parcel Service (NYSE:UPS) we detected 13 strange trades.

If we consider the specifics of each trade, it is accurate to state that 61% of the investors opened trades with bullish expectations and 38% with bearish.

From the overall spotted trades, 9 are puts, for a total amount of $538,851 and 4, calls, for a total amount of $223,742.

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 $165.0 to $220.0 for United Parcel Service over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for United Parcel Service options trades today is 805.58 with a total volume of 5,691.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for United Parcel Service's big money trades within a strike price range of $165.0 to $220.0 over the last 30 days.

United Parcel Service 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
UPS PUT TRADE BULLISH 07/15/22 $220.00 $153.6K 432 0
UPS PUT TRADE BULLISH 06/17/22 $180.00 $108.9K 1.0K 1.0K
UPS CALL TRADE BULLISH 01/20/23 $185.00 $74.4K 813 53
UPS PUT TRADE BULLISH 01/20/23 $210.00 $72.9K 1.3K 55
UPS CALL SWEEP BEARISH 04/29/22 $187.50 $65.4K 788 2.0K

Where Is United Parcel Service Standing Right Now?

  • With a volume of 5,675,407, the price of UPS is down -2.7% at $184.52.
  • RSI indicators hint that the underlying stock may be oversold.
  • Next earnings are expected to be released in 0 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 {d[company_name]}, Benzinga Progives you real-time options trades alerts.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.