Financial Giants Bullish on Ford Motor: Unusual Options Trades and Price Targets
In a surprising move, financial giants have shown a bullish sentiment towards Ford Motor. Analysis of the options history for Ford Motor (F) has revealed 10 unusual trades, with 70% of traders displaying a bullish outlook and 30% exhibiting bearish tendencies. These trades consisted of 5 puts valued at $403,573 and 5 calls valued at $275,481.
Digging deeper into the details, it appears that these big players have been eyeing a price window between $11.17 and $12.82 for Ford Motor in the past quarter. This analysis is based on the volume and open interest in the options contracts, which provide insights into the liquidity and investor interest in Ford Motor’s options at specific strike prices.
Assessing the volume and open interest is a strategic step in options trading, as these metrics indicate the level of activity and investor sentiment at different strike prices. The fluctuation in volume and open interest for both calls and puts within the $11.17 to $12.82 strike price spectrum over the past 30 days is visualized in the data.
The biggest options trades spotted in Ford Motor include a bearish put sweep with a sentiment towards $11.82 strike price expiring on 03/15/24, valued at $172.3K with an open interest of 0 and a volume of 9.2K. There is also a bullish put sweep with a sentiment towards $11.82 strike price expiring on 12/19/25, valued at $129.0K with an open interest of 0 and a volume of 701. Another bullish call sweep is seen with a sentiment towards $12.32 strike price expiring on 03/08/24, valued at $98.2K with an open interest of 0 and a volume of 3.6K. Additionally, a neutral call trade is observed with a sentiment towards $12.32 strike price expiring on 03/08/24, valued at $61.1K with an open interest of 0 and a volume of 5.1K. Lastly, a bullish put sweep is identified with a sentiment towards $11.17 strike price expiring on 06/20/25, valued at $51.2K with an open interest of 0 and a volume of 464.
Ford Motor Co. is a prominent manufacturer of automobiles under its Ford and Lincoln brands. The company operates its combustion engine business, Ford Blue, and its electric vehicle business, Ford Model e, as separate entities under Ford Motor. With market shares of around 13% in the United States, 6.5% in Europe, and 2.1% in China, Ford is expected to see an increase in market share as inventory improves following the chip shortage. The company has approximately 173,000 employees and is headquartered in Dearborn, Michigan.
Moving beyond the options trading analysis, it is crucial to examine Ford Motor’s current market status and performance. The trading volume stands at 32,607,714, with Ford’s price experiencing a 1.43% increase, reaching $12.41. RSI indicators suggest that the stock may be approaching overbought territory, and an earnings announcement is expected in 75 days.
Expert opinions on Ford Motor vary, with an average target price of $13.8 based on ratings by 5 analysts. Citigroup maintains a Buy rating with a target price of $16, while Barclays persists with an Overweight rating and a target price of $15. On the other hand, RBC Capital has downgraded its rating to Sector Perform with a new price target of $12, and Redburn Atlantic has revised its rating downward to Sell, adjusting the price target to $10. Morgan Stanley maintains an Overweight rating with a target price of $16.
While trading options involves higher risks, it also offers the potential for higher profits. Traders must remain educated, make strategic trade adjustments, utilize various indicators, and stay updated on market dynamics. To keep up with the latest options trades for Ford Motor, traders can use Benzinga Pro for real-time alerts.
In conclusion, the recent bullish moves by financial giants on Ford Motor have caught the attention of market observers. The analysis of unusual options trades, price targets, and expert opinions provides valuable insights for investors considering their positions in Ford Motor.
