Financiers with a great deal of cash to invest have actually taken a bearish position on Okta OKTA
And retail traders ought to understand.
We discovered this today when the exhibition up on openly readily available choices history that we track here at Benzinga.
Whether these are organizations or simply rich people, we do not understand. However when something this huge occurs with OKTA, it frequently suggests someone understands something will take place.
So how do we understand what these financiers simply did?
Today, Benzinga’s choices scanner identified 16 unusual choices trades for Okta.
This isn’t typical.
The general belief of these big-money traders is divided in between 25% bullish and 62%, bearish.
Out of all of the unique choices we revealed, 7 are puts, for an overall quantity of $423,006, and 9 are calls, for an overall quantity of $371,943.
Forecasted Cost Variety
Evaluating the Volume and Open Interest in these agreements, it appears that the huge gamers have actually been considering a rate window from $92.5 to $120.0 for Okta throughout the previous quarter.
Volume & & Open Interest Trends
In today’s trading context, the typical open interest for choices of Okta stands at 525.4, with an overall volume reaching 3,141.00. The accompanying chart defines the development of both call and put alternative volume and open interest for high-value sell Okta, positioned within the strike cost passage from $92.5 to $120.0, throughout the last thirty days.
Okta Choice Activity Analysis: Last one month
Most Significant Options Found:
| Sign | PUT/CALL | Trade Type | Belief | Exp. Date | Ask | Quote | Cost | Strike Cost | Overall Trade Cost | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OKTA | PUT | SWEEP | BEARISH | 09/19/25 | $ 5.05 | $ 4.95 | $ 5.0 | $ 95.00 | $ 148.5 K | 486 | 1.1 K |
| OKTA | PUT | TRADE | BEARISH | 06/20/25 | $ 11.2 | $ 11.05 | $ 11.2 | $ 120.00 | $ 64.9 K | 185 | 59 |
| OKTA | CALL | TRADE | BEARISH | 04/25/25 | $ 19.8 | $ 18.15 | $ 18.4 | $ 100.00 | $ 64.4 K | 0 | 35 |
| OKTA | CALL | TRADE | BULLISH | 03/20/26 | $ 24.5 | $ 23.75 | $ 24.5 | $ 115.00 | $ 61.2 K | 691 | 25 |
| OKTA | PUT | SWEEP | BEARISH | 09/19/25 | $ 5.0 | $ 4.85 | $ 5.0 | $ 95.00 | $ 59.0 K | 486 | 545 |
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 make it possible for a business’s staff members to safely access its cloud-based and on-premises resources. The company’s consumer offerings permit its customers’ clients to safely access the customer’s applications.
Because of the current choices history for Okta, it’s now proper to concentrate on the business itself. We intend to explore its present efficiency.
Where Is Okta Standing Today?
- With a trading volume of 1,053,741, the cost of OKTA is up by 0.27%, reaching $116.7.
- Existing RSI worths suggest that the stock is might be overbought.
- Next incomes report is set up for 64 days from now.
Professional Viewpoints on Okta
In the last month, 5 professionals launched scores on this stock with a typical target cost of $119.6.
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* Showing issues, an expert from WestPark Capital reduces its score to Purchase with a brand-new cost target of $140.
* An expert from Goldman Sachs has actually chosen to preserve their Buy score on Okta, which presently sits at a rate target of $123.
* Constant in their assessment, an expert from Wells Fargo keeps a Equal-Weight score on Okta with a target cost of $100.
* Constant in their assessment, an expert from Truist Securities keeps a Hold score on Okta with a target cost of $100.
* Constant in their assessment, an expert from Keybanc keeps an Obese score on Okta with a target cost of $135.
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Momentum 89.97
Development 80.29
Quality–
Worth 3.85
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