Financial giants have taken a notable bearish stance on Rocket Lab USA. By analyzing the options history for Rocket Lab USA RKLB, we unearthed 40 unusual trades.
Upon closer examination, we discovered that 45% of traders leaned towards bullish sentiments, while 47% showed a more bearish inclination. Out of these trades, 2 were puts amounting to $66,030, and 38 were calls valued at $1,905,374.
Projected Price Targets
Considering the Volume and Open Interest on these contracts, it seems that significant players have been eyeing a price range between $2.0 and $12.0 for Rocket Lab USA over the past 3 months.
Insights into Volume & Open Interest
Scrutinizing the volume and open interest can be a fruitful way to conduct due diligence on a stock.
This data provides a window into the liquidity and interest surrounding Rocket Lab USA’s options at various strike prices.
Below, we analyze the evolution of both the volume and open interest of calls and puts within the $2.0 to $12.0 strike price range for Rocket Lab USA’s noteworthy activities in the last 30 days.
Analysis of Rocket Lab USA Option Activity in the Last 30 Days
Notable Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RKLB | CALL | TRADE | BULLISH | 09/20/24 | $1.1 | $1.0 | $1.1 | $8.00 | $165.0K | 392 | 6.0K |
| RKLB | CALL | TRADE | BULLISH | 01/17/25 | $1.35 | $1.2 | $1.3 | $10.00 | $117.1K | 48.6K | 12.5K |
| RKLB | CALL | SWEEP | BEARISH | 08/23/24 | $1.25 | $1.1 | $1.15 | $7.50 | $116.1K | 239 | 2.3K |
| RKLB | CALL | SWEEP | BEARISH | 09/06/24 | $1.05 | $0.95 | $0.96 | $7.00 | $109.8K | 114 | 1.9K |
| RKLB | CALL | TRADE | BEARISH | 01/16/26 | $5.5 | $5.0 | $5.0 | $2.00 | $100.0K | 1.5K | 234 |
About Rocket Lab USA
Rocket Lab USA Inc. is deeply involved in the realm of space, constructing rockets, and spacecraft. The company offers end-to-end mission services that enable frequent and dependable access to space for civil, defense, and commercial markets. Known for designing and producing the Electron and Neutron launch vehicles and Photon satellite platform, Rocket Lab’s Electron launch vehicle has successfully deployed numerous satellites to orbit for various entities, facilitating operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The company operates through Launch Services and Space Systems segments, serving regions like Japan, Germany, and the rest of the world while generating significant revenue from the United States.
With the recent options activity surrounding Rocket Lab USA, it is pertinent to shift our focus towards assessing the company’s present performance.
Rocket Lab USA’s Current Market Status
- Traded with a volume of 73,915,648, Rocket Lab USA’s price has surged by 12.93%, reaching $6.58.
- RSI readings suggest a potential overbought condition for the stock at present.
- Anticipated earnings release is slated for 82 days from now.
Insights from Industry Experts on Rocket Lab USA
Over the past month, 2 experts have issued ratings on Rocket Lab USA with an average target price of $6.5.
- An analyst from Cantor Fitzgerald downgraded their recommendation to Overweight, setting a price target of $6.
- An analyst from Citigroup remains steadfast in their Buy rating for Rocket Lab USA, maintaining a target price of $7.
Options entail higher risk compared to stock trading but offer greater profit potential. Seasoned options traders mitigate this risk by staying informed, strategically entering and exiting trades, analyzing multiple indicators, and closely monitoring market movements.
If you wish to stay abreast of the latest options trades involving Rocket Lab USA, Benzinga Pro can provide you with real-time options trade alerts.