A whale with a lot of money to spend has taken a noticeably bearish stance on Hess.
Looking at options history for Hess HES we detected 15 strange trades.
If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 60% with bearish.
From the overall spotted trades, 9 are puts, for a total amount of $1,054,674 and 6, calls, for a total amount of $675,090.
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 $104.0 to $125.0 for Hess over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Hess’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 Hess’s whale trades within a strike price range from $104.0 to $125.0 in the last 30 days.
Hess 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 |
|---|---|---|---|---|---|---|---|---|
| HES | PUT | SWEEP | BEARISH | 06/17/22 | $125.00 | $340.0K | 0 | 500 |
| HES | CALL | SWEEP | BULLISH | 05/20/22 | $105.00 | $307.3K | 1.4K | 330 |
| HES | PUT | SWEEP | BEARISH | 06/17/22 | $125.00 | $205.6K | 0 |
