Lumentum(US:LITE) Benzinga·2025-10-22 19:01Core Insights - Investors are taking a bearish stance on Lumentum Holdings, with significant options trades indicating potential insider knowledge of upcoming events [1][2] - The overall sentiment among large investors is 25% bullish and 50% bearish, with a notable volume of call and put options [2] - Major market movers are focusing on a price range between $95.0 and $250.0 for Lumentum Holdings over the past three months [3] Options Trading Activity - A total of 16 uncommon options trades were identified, with 3 puts totaling $228,160 and 13 calls totaling $1,042,005 [2] - The largest observed options trades include various call and put options with significant total trade prices, indicating mixed sentiment among traders [8] Company Overview - Lumentum Holdings Inc is a California-based technology firm specializing in optical and photonic products, primarily in telecommunications and commercial lasers [9] - The company generates most of its revenue from the Optical Communications segment, which includes a wide range of components for various applications [9] Market Status and Analyst Ratings - The current market price of Lumentum Holdings is $157.01, down 3.65%, with upcoming earnings expected in 13 days [11] - Analysts have issued a consensus target price of $171.25, with varying ratings and target prices from different firms, indicating a mixed outlook [10][12]