Core Insights - Deep-pocketed investors have adopted a bearish approach towards Amphenol, indicating potential significant market movements ahead [1] - The options activity for Amphenol shows a divided sentiment among investors, with 66% bearish and 25% bullish [2] - Major market movers are focusing on a price band between $95.0 and $130.0 for Amphenol over the last three months [3] Options Activity - Noteworthy options activities include 12 extraordinary trades, with a total of $165,100 in puts and $1,542,330 in calls [2] - Specific trades include bearish calls with a total trade price of $208.1K at a strike price of $120.00 and bullish calls totaling $201.0K at a strike price of $110.00 [9] Company Overview - Amphenol is a global supplier of connectors, sensors, and interconnect systems, holding the second-largest connector market share globally [10] - The company operates in 40 countries and serves various end markets, including automotive, broadband, and military [10] Current Market Position - An expert from Citigroup maintains a Buy rating on Amphenol with a target price of $145.0 [12][13] - The current stock price of APH is $125.57, reflecting a slight increase of 0.14% [15]
Amphenol Options Trading: A Deep Dive into Market Sentiment - Amphenol (NYSE:APH)