Analyzing Recent Options Activity for Oscar Health Stock

High Volume Options Trading for Oscar Health

Investors are currently displaying a bullish sentiment towards Oscar Health (NYSE: OSCR), which is significant for all retail traders to consider. The recent spike in options trading activity indicates strong interest and possible informed positions by larger players in the market. When we observe a notable increase in options for OSCR, it raises questions about what might be driving these trading patterns.

Today's Options Trading Overview

Recent data highlights 8 notable options trades for Oscar Health, showcasing an unusual trend not commonly seen in routine trading. This indicates a potential shift in market sentiment. Interestingly, these trades reflect a sentiment breakdown of 75% bullish versus 25% bearish, suggesting a majority belief in positive price movement.

Breakdown of Options Sentiment

Among these trades, the single put option noted amounted to $42,840, while the number of call options totaled an impressive $452,820. This stark contrast between calls and puts emphasizes the optimism prevalent among major traders.

Projected Price Targets for Oscar Health

Analyzing the trading behavior, we find that many institutional and high-net-worth investors are targeting a price range between $16.00 to $30.00 over the next three months. Understanding these targets can help individual traders align their strategies with market movements.

Current Volume and Open Interest Insights

For those following Oscar Health, the current average open interest for its options stands at 253.67, with a total volume having reached 7,314.00. Such metrics offer insight into market dynamics and the potential for increased volatility or stability. Recent trends in call and put option volume highlight the interests of larger investors, particularly within the identified strike prices ranging from $16.00 to $30.00 over the past 30 days.

Analyzing 30-Day Option Volume & Interest

The last month has witnessed significant fluctuations in both options volume and open interest, suggesting a heightened level of engagement among traders. Traders should keep an eye on these indicators as they can impact short-term price movements.

Key Options Trades Spotted

Several standout trades have emerged in the options market for Oscar Health:

• Call Option: 06/20/25 - Strike Price: $30.00 - Total Trade Price: $155,000
• Call Option: 11/15/24 - Strike Price: $25.00 - Total Trade Price: $80,600
• Call Option: 06/20/25 - Strike Price: $25.00 - Total Trade Price: $62,500
• Call Option: 03/21/25 - Strike Price: $17.00 - Total Trade Price: $49,500
• Put Option: 09/20/24 - Strike Price: $20.00 - Total Trade Price: $42,800

About Oscar Health

Oscar Health Inc. specializes in health insurance, offering a range of plans tailored for individuals, families, and employees. Their services extend into virtual care initiatives, facilitating easy access to healthcare professionals and efficient appointment scheduling. Additionally, Oscar Health plays a significant role in the Medicare Advantage program, catering to eligible seniors who prefer private health insurance plans over traditional Medicare.

Current Market Position of Oscar Health

• Oscar Health is currently traded with a volume of 6,763,791 and has seen a rise of 17.92%, with shares priced at $20.54.
• Technical indicators like RSI readings suggest that the stock may be approaching overbought territory, prompting caution.
• Market participants are anticipating an earnings release scheduled in the not-too-distant future.

Analyst Consensus and Ratings

Market analysts have evaluated Oscar Health, and a consensus price target has been established at $28.00. Recently, an analyst at Piper Sandler made a strategic downgrade to Overweight while maintaining this price target.

Conclusion on Oscar Health Options Trading

The nature of options trading involves heightened risk but also presents various opportunities. Competent traders are advised to enhance their market knowledge continuously and stay updated on the evolving trends. By doing so, they can effectively manage their positions around the recent activities observed in OSCR.

Frequently Asked Questions

What is Oscar Health known for?

Oscar Health is recognized for its innovative health insurance solutions, including virtual care and various insurance plans for individuals and families.

What is the current trading price of Oscar Health?

Currently, Oscar Health shares are priced at $20.54, reflecting a rise of 17.92% recently.

What is the options sentiment for Oscar Health?

The current sentiment is predominantly bullish, with 75% of recent trades being call options.

What are analysts predicting for Oscar Health's stock price?

The consensus among analysts suggests a target price of $28.00 for Oscar Health shares.

How do options trades impact stock performance?

Options trades can indicate market sentiment and potential future price movements, acting as signals for investors.

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