A whale with a lot of money to spend has taken a noticeably bearish stance on Natera.
Looking at options history for Natera (NASDAQ:NTRA) we detected 39 strange trades.
If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 69% with bearish.
From the overall spotted trades, 15 are puts, for a total amount of $3,241,890 and 24, calls, for a total amount of $1,339,258.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $30.0 to $65.0 for Natera over the last 3 months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Natera options trades today is 521.8 with a total volume of 50,772.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Natera's big money trades within a strike price range of $30.0 to $65.0 over the last 30 days.
Natera Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| NTRA | PUT | TRADE | BEARISH | 04/14/22 | $60.00 | $921.4K | 533 | 450 |
| NTRA | PUT | TRADE | BEARISH | 04/14/22 | $65.00 | $514.0K | 221 | 200 |
| NTRA | PUT | SWEEP | BEARISH | 03/18/22 | $35.00 | $410.1K | 0 | 1.6K |
| NTRA | PUT | TRADE | BEARISH | 03/18/22 | $60.00 | $253.6K | 1.8K | 452 |
| NTRA | CALL | SWEEP | NEUTRAL | 04/14/22 | $40.00 | $240.1K | 0 | 2.0K |
Where Is Natera Standing Right Now?
- With a volume of 37,845,520, the price of NTRA is down -30.56% at $38.02.
- RSI indicators hint that the underlying stock may be oversold.
- Next earnings are expected to be released in 57 days.
What The Experts Say On Natera:
- Baird has decided to maintain their Outperform rating on Natera, which currently sits at a price target of $100.
- Morgan Stanley has decided to maintain their Overweight rating on Natera, which currently sits at a price target of $118.
- Morgan Stanley has decided to maintain their Overweight rating on Natera, which currently sits at a price target of $110.
- Goldman Sachs downgraded its action to Buy with a price target of $90
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
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