High-stakes investors have taken a pessimistic position on Hilton Worldwide Holdings (NYSE: HLT).
These whales have made their moves apparent, leaving retail traders in the know.
When significant trades surface in the options market, as noted in our investigations, it often signifies insider knowledge at play.
The recent flurry of options activity for Hilton Worldwide Holdings, totaling 10 uncommon trades, raises eyebrows in the financial realm.
Among these noteworthy transactions, 4 are puts valued at $140,860, while 6 are calls amounting to $734,796.
Projection of Price Targets
Analysis of trading volumes and Open Interest points towards a prominent price range of $200.0 to $240.0 for Hilton Worldwide Holdings over the past quarter.
Trends in Volume & Open Interest
Examining volume and open interest trends in options trading provides insights into liquidity and investor engagement within specified strike prices for Hilton Worldwide Holdings. The data illuminates fluctuations in volume and open interest for both calls and puts related to significant trades in the $200.0 to $240.0 strike price range over the past month.
Insight into Option Volume And Open Interest
Notable Options Transactions Identified:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HLT | CALL | SWEEP | NEUTRAL | 11/15/24 | $13.7 | $12.3 | $13.0 | $230.00 | $497.6K | 78 | 401 |
| HLT | CALL | TRADE | BULLISH | 01/16/26 | $50.4 | $49.1 | $50.23 | $210.00 | $100.4K | 251 | 25 |
| HLT | CALL | SWEEP | BEARISH | 10/18/24 | $18.7 | $18.1 | $18.1 | $220.00 | $45.2K | 650 | 37 |
| HLT | PUT | SWEEP | BEARISH | 11/15/24 | $4.2 | $4.1 | $4.19 | $230.00 | $43.6K | 577 | 231 |
| HLT | CALL | TRADE | BEARISH | 10/18/24 | $38.9 | $37.5 | $37.5 | $200.00 | $37.5K | 115 | 10 |
About Hilton Worldwide Holdings
Hilton Worldwide Holdings manages a vast network of properties comprising over 20 brands with more than 1.2 million rooms. Brands like Hampton and Hilton dominate, accounting for a significant portion of the company’s room portfolio. Recent additions include Home2, Curio, Canopy, and more, expanding the company’s presence in the hospitality sector.
Current Standing of Hilton Worldwide Holdings
- Trading at 1,027,306 shares, HLT’s price has dipped slightly to $237.76.
- RSI indicators suggest a potential overbought situation for the stock.
- The upcoming earnings report is slated for 9 days ahead.
Analyst Perspectives on Hilton Worldwide Holdings
Recent assessments by experts put the average target price for Hilton Worldwide Holdings at $245.0.
Turn $1000 into $1270 in just 20 days?
A seasoned options trader from Goldman Sachs has downgraded the stock to Buy with a revised target price of $245.
While options carry higher risks, adept traders mitigate these risks by staying informed, diversifying trades, and closely monitoring market indicators.
For real-time updates on Hilton Worldwide Holdings options activity, consider Benzinga Pro for timely alerts.
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