Recent market activity has unveiled a notable shift in sentiment towards Texas Instruments. Upon careful examination of the options history for Texas Instruments, a total of 22 unconventional trades have been brought to light.
Upon closer inspection, it is evident that 40% of traders have exhibited bullish inclinations, while 50% have leaned towards bearish positions. Notably, there have been 8 put trades valued at $505,054 and 14 call trades valued at $1,409,181.
Exploring Price Predictions
Considering the Volume and Open Interest on these contracts, it seems that significant players have set their sights on a price range spanning from $180.0 to $230.0 for Texas Instruments over the past three months.
Dive into Volume & Open Interest
Currently, the average open interest for Texas Instruments options stands at 3167.3, with a total volume reaching 13,703.00. Visualizations showcase the evolution of both call and put option volume and open interest for high-value trades in Texas Instruments, within the strike price range of $180.0 to $230.0, over the last 30 days.
An Overview of Texas Instruments’s 30-Day Option Activity
Identification of Key Options Trades
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TXN | CALL | TRADE | BULLISH | 09/20/24 | $12.05 | $11.55 | $12.0 | $200.00 | $249.6K | 11.3K | 719 |
| TXN | PUT | SWEEP | BEARISH | 06/20/25 | $12.85 | $12.7 | $12.85 | $195.00 | $237.7K | 2.8K | 209 |
| TXN | CALL | TRADE | BULLISH | 09/20/24 | $12.05 | $11.65 | $12.0 | $200.00 | $218.4K | 11.3K | 1.1K |
| TXN | CALL | SWEEP | BEARISH | 11/15/24 | $4.25 | $4.2 | $4.2 | $230.00 | $149.3K | 276 | 888 |
| TXN | CALL | TRADE | BULLISH | 09/20/24 | $12.25 | $12.05 | $12.2 | $200.00 | $132.9K | 11.3K | 469 |
About Texas Instruments
Headquartered in Dallas, Texas Instruments derives more than 95% of its revenue from semiconductors and the remainder from its renowned calculators. As the largest producer of analog chips globally, utilized for processing real-world signals like sound and power, Texas Instruments also commands a substantial market share in processors and microcontrollers used across a spectrum of electronic applications.
Following an in-depth analysis of the options landscape surrounding Texas Instruments, let’s delve further into the company’s current performance.
Current Market Position of Texas Instruments
- With a trading volume of 5,804,853, the stock price of TXN has dipped by -0.78%, reaching $208.25.
- Indications from the Relative Strength Index (RSI) suggest the stock may be edging towards overbought conditions.
- The upcoming earnings report is slated for 57 days ahead.
Expert Opinions on Texas Instruments
Over the recent month, four industry analysts have offered their viewpoints on this stock, projecting an average target price of $227.75.
- Citigroup’s analyst upgraded their stance to Buy, setting a price target of $235.
- Truist Securities’ analyst maintains a Hold rating on Texas Instruments with a target price of $198.
- Cantor Fitzgerald’s analyst adjusted their rating to Neutral, with a price target of $210.
- Evercore ISI Group’s analyst reaffirmed their Outperform rating on Texas Instruments, standing with a price target of $268.
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