Oscar Health's Options Strategies Show Market Sentiment Shifts
Understanding Oscar Health's Options Trading Trends
Recently, significant financial players, often referred to as "whales," have adopted a bearish outlook on Oscar Health.
Upon examining Oscar Health's options history, we identified approximately 33 individual trades. Out of these, it is notable that only 27% of investors entered positions with optimistic, bullish expectations, whereas 48% opted for bearish trades.
Among the trades observed, there were 5 put options totaling around $194,480, contrasted with 28 call options that amounted to about $1,412,816.
Market Expectations for Price Movements
The collected data regarding the volume and open interest of contracts suggests that these major investors are eyeing a price spectrum for Oscar Health between $8.00 and $35.00 over the preceding three months. This range indicates diverse perspectives regarding where the stock could be headed.
Volume and Open Interest Analysis
Investigating volume and open interest can provide vital insights for traders engaging in options. This information is crucial for gauging the liquidity and activity levels concerning Oscar Health's options at various strike prices. Listed below is a comprehensive overview of the fluctuations in volume and open interest from the last 30 days for both calls and puts.
Recent Options Trading Activity
Within the recent trading pattern, several substantial options trades have come to light:
Key Options Transactions
The data surrounding these trades is compelling. Here are several noteworthy transactions involving the OSCR ticker:
- A call option was executed as a "sweep" trade at an ask price of $0.95, aimed at a strike price of $17.00 with an expiration date set for March 21, 2025. The total trade cost reached approximately $221.4K, paired with an open interest of 823.
- Another call option trade, with a neutral sentiment, had an expected strike price of $10.00, a bid of $8.2, and raised concerns regarding market dynamics ahead of its expiration in January 2026.
- A third notable call option recorded a total value of $81.8K at a strike price of $13.00, indicating significant investor interested moving forward.
About Oscar Health
Oscar Health Inc specializes in offering a variety of health insurance plans tailored for individuals, families, and employers. Additionally, the company focuses on providing virtual healthcare services, scheduling doctor appointments, and offering supportive resources to its clients. Particularly, Oscar Health is involved with the Medicare Advantage program, catering to seniors who might prefer private market plans over traditional Medicare options.
Given these insights into Oscar Health's options trades, it's essential to shift our attention back to the company and evaluate its present standing in the marketplace.
The Current Status of Oscar Health
- Currently, Oscar Health showcases a trading volume of approximately 9,490,573 shares, with the stock price on a notable incline of 21.66%, landing at around $16.38.
- Relative Strength Index (RSI) readings indicate the stock might be nearing an overbought territory, suggesting it's essential to proceed with caution.
- Earnings announcements are projected within 77 days, which may influence trading decisions significantly.
Envision converting a $1,000 investment into $1,270 in just 20 days! A professional options trader with two decades of experience sharing insights and strategies claims to have achieved an average profit of 27% within this timeframe. Remarkably, he offers guidance on replicating his successful trades.
Knowing that options trading involves heightened risks as well as potential rewards is crucial. Savvy traders manage risk by enhancing their knowledge, adjusting strategies, monitoring various indicators, and observing market trends closely. Keeping track of the latest options trades through real-time alerts can provide a significant advantage.
Frequently Asked Questions
What is Oscar Health?
Oscar Health is a health insurance company that provides various insurance plans, including virtual care services for individuals and families.
What do recent options trends indicate for Oscar Health?
Recent trends show a bearish sentiment among large investors, suggesting a cautious outlook on the stock's future performance.
What is the expected price range for Oscar Health's options?
Investors have been targeting a price range between $8.00 and $35.00 for Oscar Health's stock over the past three months.
How is Oscar Health performing currently?
The stock is currently up by 21.66%, with a trading volume of approximately 9.5 million shares.
What are the risks of options trading?
Options trading carries significant risks, including the potential for substantial losses; hence, continuous education and strategy adjustment are essential.
About The Author
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