Wheaton Precious Metals's Options Frenzy: What You Need to Know - Wheaton Precious Metals (NYSE:WPM)

Core Insights - Investors are showing a bullish stance on Wheaton Precious Metals (NYSE:WPM), indicating potential upcoming developments in the company [1][2] Options Activity - Recent options activity revealed 11 trades for Wheaton Precious Metals, with a notable split in sentiment: 36% bullish and 27% bearish [2][3] - The total amount for call options was $649,995, while put options totaled $26,430, suggesting a stronger interest in bullish positions [3] Price Target and Market Focus - Major market movers are focusing on a price range between $75.0 and $130.0 for Wheaton Precious Metals over the last three months [4] - Professional analysts have set a consensus target price of $124.0, with one analyst from RBC Capital upgrading to Outperform with a target of $130, while UBS maintains a Neutral rating with a target of $118 [11][12] Trading Volume and Market Status - The mean open interest for options trades today is 501.1, with a total volume of 511.00, indicating active trading interest [5] - Current trading volume stands at 991,958, with the stock price at $120.07, reflecting a decrease of -3.34% [14]