Core Insights - Deep-pocketed investors are adopting a bearish approach towards Quanta Services, indicating potential significant market movements ahead [1] - The options activity for Quanta Services shows a divided sentiment among investors, with 20% bullish and 30% bearish [2] Options Activity - There have been 10 extraordinary options activities detected for Quanta Services, with a total of 3 puts valued at $101,134 and 7 calls valued at $433,072 [2] - Significant options trades include various call options with strike prices ranging from $350.00 to $460.00, indicating mixed investor sentiment [8] Price Movements - Major market movers are focusing on a price band between $350.0 and $470.0 for Quanta Services over the last three months [3] Volume & Open Interest Trends - An analysis of volume and open interest reveals key insights into liquidity and interest levels for Quanta Services' options, particularly within the strike price range of $350.0 to $470.0 over the past month [4] Company Overview - Quanta Services is a leading provider of specialty contracting services, focusing on infrastructure solutions for electric and gas utilities, communications, pipelines, and energy industries in the U.S., Canada, and Australia [9] Current Position and Expert Ratings - Market experts have issued ratings for Quanta Services, with a consensus target price of $495.0, and various analysts maintaining buy or outperform ratings with target prices ranging from $457 to $526 [10][11] Stock Performance - Quanta Services' stock price is currently at $453.99, reflecting a 1.91% increase with a trading volume of 433,657 [13]
Quanta Services Unusual Options Activity For November 20 - Quanta Services (NYSE:PWR)