Wheaton Precious Metals Unusual Options Activity - Wheaton Precious Metals (NYSE:WPM)

Core Insights - High-rolling investors are taking a bearish position on Wheaton Precious Metals, indicating potential privileged information influencing their trades [1] - The sentiment among major traders shows 12% bullish and 50% bearish positions, with a notable disparity in the volume of options traded [2] Trading Activity - Recent options activity includes 8 trades, with one put option valued at $36,720 and seven call options totaling $266,713 [2] - The average open interest for Wheaton Precious Metals options is 314.5, with total volume reaching 353.00, indicating significant trading interest [4] Price Target and Analyst Insights - Analysts propose a price target range for Wheaton Precious Metals between $47.0 and $117.0, reflecting market focus over the last three months [3] - Two industry analysts suggest an average target price of $116.0, with one maintaining a Neutral rating and another an Outperform rating, targeting $114 [11][12] Company Overview - Wheaton Precious Metals Corp operates as a precious metal streaming company, generating revenue primarily from the sale of gold, silver, palladium, and cobalt [10] - The company has a trading volume of 1,228,808, with its stock price currently at $108.5, reflecting a 0.77% increase [14]