Market Sentiment Analysis: Corebridge Financial Options Trading (NYSE:CRBG) The Pulse of Market Sentiment: Unraveling Corebridge Financial Options Trading (NYSE:CRBG)

By: Alex Freidmen

A wave of bearish sentiment has washed over the ocean of big-money traders eyeing Corebridge Financial.

A microscopic look at the options history for Corebridge Financial, under the CRBG ticker symbol, reveals 9 trades.

Breaking down the essence of each transaction, it seems that 44% of investors ventured into the market with bullish aspirations, while 55% adopted a bearish stance.

Among the spotted trades, 6 were puts amounting to $285,832, and 3 were calls totaling $138,840.

Targeting the Heights: Where Will Corebridge Financial Land?

Through the lens of trading activity, it emerges that major investors are steering towards a price range spanning $25.0 to $28.84 for Corebridge Financial in the recent quarter.

Riding the Waves: Volume & Open Interest Dynamics

In the arena of liquidity and interest, the average open interest is currently 12198.33 for Corebridge Financial options trades, with a total volume of 11,281.00.

Analyzing the ebb and flow of volume and open interest for call and put options within the $25.0 to $28.84 strike price range over the past 30 days plots a vivid picture of Corebridge Financial’s big-money trades.

Navigating the Waves: 30-Day Overview of Corebridge Financial’s Call and Put Volume

Unveiling Stellar Activities: Corebridge Financial Options Insights

SymbolPUT/CALLTrade TypeSentimentExp. DateStrike PriceTotal Trade PriceOpen InterestVolume
CRBGPUTSWEEPBEARISH07/19/24$25.00$86.9K21.7K3.4K
CRBGPUTSWEEPBEARISH07/19/24$25.00$78.6K21.7K2.5K
CRBGCALLTRADEBULLISH04/19/24$28.84$55.0K5.0K1.0K
CRBGCALLSWEEPBULLISH04/19/24$28.84$45.0K5.0K59
CRBGPUTSWEEPBULLISH07/19/24$25.00$39.2K21.7K643

Insight into the Core: Unveiling Corebridge Financial

Corebridge Financial Inc caters retirement solutions and insurance products in the United States. Operating through five segments: Individual Retirement, Group Retirement, Life Insurance, Institutional Markets businesses, and Corporate and Other, the company generates the bulk of its revenue from the Individual Retirement segment.

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Transitioning from dissecting the options landscape surrounding Corebridge Financial, a spotlight shines on the company’s own performance.

Tracking the Trail: Corebridge Financial’s Current Position

  • With a trading volume of 5,592,781, CRBG has ascended by 1.1%, settling at $27.53.
  • The present RSI values hint at a possible move towards overbought territory for the stock.
  • The next earnings release looms 47 days ahead.

Options, compared to trading stocks, carry higher risk but offer greater profit potential. Seasoned options traders navigate this risk by staying informed, carefully entering and exiting trades, considering multiple indicators, and vigilantly monitoring the markets.

For real-time alerts on the latest options trades involving Corebridge Financial, turn to Benzinga Pro for timely updates.