Lumentum(US:LITE) Benzinga·2026-01-15 16:01Group 1 - Investors are showing a bullish stance on Lumentum Holdings, with significant options trading activity indicating potential upcoming developments [1][2] - The sentiment among large traders is 58% bullish and 26% bearish, with a total of $2,208,440 in call options and $334,552 in put options identified [2] - Major market movers are focusing on a price band between $170.0 and $450.0 for Lumentum Holdings over the last three months [3] Group 2 - Recent options trading volume and open interest trends provide insights into liquidity and interest levels for Lumentum Holdings, particularly within the strike price range of $170.0 to $450.0 [4] - The trading volume for Lumentum Holdings stands at 1,821,584, with the stock price currently at $334.87, reflecting a 0.98% increase [10] - Analysts have proposed an average target price of $387.0 for Lumentum Holdings, with one analyst maintaining a Buy rating and a target price of $470, while another holds an Equal-Weight rating with a target of $304 [9][11] Group 3 - Lumentum Holdings is a California-based technology firm specializing in optical and photonic products, with its primary revenue coming from the Optical Communications segment [8] - The company is expanding into new optical applications, including 3-D sensing laser diodes for consumer electronics [8] - Lumentum's product offerings include components for telecommunications networking equipment and commercial lasers for various applications [8]