Unpacking the Latest Options Trading Trends in Seagate Technology Hldgs - Seagate Technology Hldgs (NASDAQ:STX)
SeagateSeagate(US:STX) Benzinga·2025-09-24 19:01

Core Insights - Financial giants are showing a bearish sentiment towards Seagate Technology Hldgs, with 61% of traders indicating bearish tendencies and only 19% bullish [1] - The analysis of options trading reveals a significant focus on a price range between $110.0 and $300.0 for Seagate Technology Hldgs over the past quarter [2][3] Options Activity - A total of 42 unusual trades were identified, with 14 puts valued at $1,625,928 and 28 calls valued at $1,897,701 [1] - Significant options trades include bearish puts with a strike price of $230.00 and calls with varying strike prices, indicating mixed sentiment among traders [8] Market Performance - Seagate Technology Hldgs is a leading supplier of hard disk drives, operating in a duopoly with Western Digital [9] - The current market status shows a price of $223.89, down 1.86%, with an upcoming earnings release expected in 27 days [13] Analyst Ratings - Professional analysts have set an average price target of $227.0, with varying ratings from different firms, including a Buy rating from B of A Securities targeting $255 and a downgrade from Bernstein to Outperform with a target of $250 [10][11]