Behind the Scenes of Synopsys's Latest Options Trends - Synopsys (NASDAQ:SNPS)
SynopsysSynopsys(US:SNPS) Benzinga·2025-09-22 19:01

Group 1 - Financial giants have shown a bearish sentiment towards Synopsys, with 29% of traders bullish and 35% bearish, indicating a mixed outlook in the options market [1] - The unusual options activity includes 8 put trades valued at $323,579 and 23 call trades valued at $2,016,702, suggesting significant interest in both directions [1] - Whales have targeted a price range for Synopsys between $370.0 and $600.0 over the last 3 months, indicating a broad expectation for price movement [2] Group 2 - The analysis of volume and open interest in options trading reveals liquidity and interest levels for Synopsys, particularly within the strike price range of $370.0 to $600.0 over the last 30 days [3] - Noteworthy options activity includes various trades with different sentiments, such as bullish and bearish positions, reflecting diverse market strategies [8] Group 3 - Synopsys is recognized as a provider of electronic design automation software, benefiting from the convergence of semiconductor companies and the digitalization of various end markets [9] - Recent analyst ratings for Synopsys show an average target price of $547.0, with varying opinions from different analysts, including a downward revision to $525 by B of A Securities [11][12] - The current trading volume for Synopsys is 3,549,389, with a price increase of 3.04% to $510.58, indicating positive market movement [14]