Enter the whales – those deep-pocketed investors who have cast a shadow of doubt on Intuit.
When delving into the annals of options data pertaining to Intuit INTU, a total of 11 transactions have surfaced.
A granular examination of each trade reveals that 18% of investors initiated positions with optimistic views, contrasting with 27% taking a bearish stance.
Of the noted trades, 2 are puts, amassing $55,200, while 9 are calls, totaling $258,250.
Reading the Tea Leaves: Price Predictions
An in-depth scrutiny of the Volume and Open Interest in these contracts implies that institutional investors have set their sights on an Intuit price corridor spanning from $590.0 to $640.0 over the previous quarter.
Unveiling the Trends in Volume & Open Interest
Evaluating the trends in volume and open interest is a pivotal step in the options domain. These metrics serve as a beacon, illuminating the liquidity and investor attention in Intuit’s options at predefined strike prices. The ensuing data encapsulates the ebb and flow in volume and open interest for both calls and puts, aligned with Intuit’s significant trades, within a strike price range from $590.0 to $640.0 over the past 30 days.
Insights into Intuit’s Options Activity in the Last 30 days
The Pivotal Options Performances:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INTU | CALL | TRADE | NEUTRAL | 06/20/25 | $68.4 | $65.4 | $66.7 | $640.00 | $33.3K | 852 | 28 |
A Glimpse into Intuit
Intuit prides itself on being a purveyor of small-business accounting software, personal tax solutions, and professional tax offerings. Stemming from the mid-1980s, Intuit dominates the US market in small-business accounting and DIY tax-filing software.
Having dissected the patterns of Intuit’s options trading, the narrative now pivots towards the company itself, facilitating a deep dive into its present market stature and efficacy.
Present Market Position of Intuit
- Trading at a volume of 980,452, INTU’s market price has dwindled by -0.99%, resting at $615.33.
- RSI metrics imply that the stock currently straddles neutral territory, oscillating between overbought and oversold zones.
- Earnings disclosure looms on the horizon in just 81 days.
The Expert Verdict on Intuit
Over the bygone month, 5 industry pundits have shared their perspectives on this stock, predicated on an average target price of $734.4.
- A seer from Barclays stands resolute in their Overweight rating for Intuit, marking a price target of $740.
Venturing into options trading delves into a realm of heightened risks and probable gains. Seasoned traders navigate these waters through continuous learning, adapting strategies, monitoring diverse indicators, and vigilantly observing market fluctuations. Keep yourself abreast of the latest with real-time updates on Intuit options trading through Benzinga Pro.