Company Overview - Applied Optoelectronics Inc is a provider of fiber-optic networking products for four end-markets: internet data center, CATV, telecom, and FTTH. The company designs and manufactures a wide range of optical communications products, from components to complete turn-key equipment [8]. Current Market Position - The current trading volume for Applied Optoelectronics (AAOI) is 6,362,157, with the stock price down by 0.38%, reaching $37.91. Current RSI values indicate that the stock is neutral between overbought and oversold [10]. - Over the past month, three industry analysts have proposed an average target price of $47.67 for AAOI. An analyst from Needham maintains a Buy rating with a price target of $43, while another from Rosenblatt also holds a Buy rating, targeting a price of $50 [9][12]. Options Trading Insights - Recent options trading activity shows a bearish sentiment among major traders, with 58% bearish and 25% bullish. There were 12 options trades identified, including one put worth $40,000 and 11 calls totaling $889,471 [2]. - The significant options trades detected indicate a price window for AAOI from $12.5 to $60.0 over the past quarter, suggesting that big players are closely monitoring this range [3][4].
Market Whales and Their Recent Bets on AAOI Options - Applied Optoelectronics (NASDAQ:AAOI)