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Smart Money Is Betting Big In ALB Options - Albemarle (NYSE:ALB)
AlbemarleAlbemarle(US:ALB) Benzingaยท2025-10-08 18:01

Company Overview - Albemarle is one of the world's largest lithium producers, primarily serving the battery market, especially for electric vehicles [10] - The company is fully integrated, with upstream resources including salt brine deposits in Chile and the US, and hard rock mines in Australia [10] - Albemarle also operates lithium refining plants in multiple countries, including Chile, the US, Australia, and China [10] - In addition to lithium, Albemarle is a global leader in bromine production and a major producer of oil refining catalysts [10] Market Sentiment - Deep-pocketed investors have adopted a bearish approach towards Albemarle, indicating potential significant market movements [1] - The sentiment among heavyweight investors is mixed, with 46% bullish and 53% bearish [2] - Recent options activity shows a total of 15 extraordinary options trades, with 3 puts totaling $93,531 and 12 calls amounting to $614,929 [2] Options Activity - The price target for Albemarle, based on recent options activity, ranges from $60.0 to $130.0 over the last 3 months [3] - The mean open interest for Albemarle options trades is 617.2, with a total volume of 910.00 [4] - Significant options trades include various call options with differing sentiments, indicating a complex market outlook [9] Analyst Insights - Analysts have set an average price target of $88.5 for Albemarle, with one maintaining a Neutral rating at $92 and another at $85 [12][13] - Trading volume for Albemarle stands at 1,251,917, with the stock price currently at $92.78, reflecting a 2.49% increase [15]