Whales with a great deal of cash to invest have actually taken a significantly bullish position on Okta
Taking a look at alternatives history for Okta OKTA we spotted 8 trades.
If we think about the specifics of each trade, it is precise to state that 50% of the financiers opened trades with bullish expectations and 50% with bearish.
From the general spotted trades, 3 are puts, for an overall quantity of $131,960 and 5, calls, for an overall quantity of $409,175.
Anticipated Rate Motions
After assessing the trading volumes and Open Interest, it appears that the significant market movers are concentrating on a rate band in between $90.0 and $115.0 for Okta, covering the last 3 months.
Examining Volume & & Open Interest
Taking a look at the volume and open interest is an effective relocation while trading alternatives. This information can assist you track the liquidity and interest for Okta’s alternatives for an offered strike cost. Listed below, we can observe the development of the volume and open interest of calls and puts, respectively, for all of Okta’s whale trades within a strike cost variety from $90.0 to $115.0 in the last thirty days.
Okta Choice Volume And Open Interest Over Last 1 month
Largest Options Trades Observed:
| Sign | PUT/CALL | Trade Type | Belief | Exp. Date | Ask | Quote | Rate | Strike Rate | Overall Trade Rate | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OKTA | CALL | SWEEP | BEARISH | 05/16/25 | $ 3.65 | $ 3.6 | $ 3.61 | $ 115.00 | $ 108.3 K | 3.9 K | 585 |
| OKTA | CALL | TRADE | BEARISH | 05/16/25 | $ 3.65 | $ 3.55 | $ 3.55 | $ 115.00 | $ 101.1 K | 3.9 K | 285 |
| OKTA | CALL | SWEEP | BEARISH | 02/14/25 | $ 0.36 | $ 0.28 | $ 0.27 | $ 103.00 | $ 100.8 K | 1 | 3.6 K |
| OKTA | PUT | SWEEP | BULLISH | 01/16/26 | $ 24.75 | $ 24.5 | $ 24.75 | $ 115.00 | $ 69.2 K | 221 | 28 |
| OKTA | CALL | SWEEP | BULLISH | 05/16/25 | $ 3.3 | $ 3.25 | $ 3.3 | $ 115.00 | $ 67.6 K | 3.9 K | 1.0 K |
About Okta
Okta is a cloud-native security business that concentrates on identity and gain access to management. The San Francisco-based company went public in 2017 and concentrates on 2 crucial customer stakeholder groups: labor forces and clients. Okta’s labor force offerings allow a business’s workers to firmly access its cloud-based and on-premises resources. The company’s consumer offerings enable its customers’ clients to firmly access the customer’s applications.
Present Market Standing of Okta
- With a volume of 1,124,288, the cost of OKTA is down -0.17% at $97.31.
- RSI indications hint that the underlying stock might be overbought.
- Next profits are anticipated to be launched in 24 days.
Professional Viewpoints on Okta
In the last month, 3 specialists launched scores on this stock with a typical target cost of $103.0.
Unusual Options Activity Detected: Smart Cash on the Move
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* An expert from Needham has actually modified its score downward to Purchase, changing the cost target to $115.
* Preserving their position, an expert from Citigroup continues to hold a Neutral score for Okta, targeting a rate of $100.
* An expert from Scotiabank continues with their Sector Perform score on Okta, preserving a target cost of $94.
Options trading provides greater threats and prospective benefits. Astute traders handle these threats by continuously informing themselves, adjusting their techniques, keeping an eye on numerous indications, and keeping a close eye on market motions. Stay notified about the current Okta alternatives trades with real-time informs from Benzinga Pro.
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