Financial giants have made a decidedly bullish move on Deere & Company. Our analysis of Deere options history virtue Nine anomalous transactions were revealed.
Digging into the details, we found that 77% of traders had a bullish bias, while 11% showed a bearish bias. Of all the trades we found, there were 6 puts worth $326,635 and 3 calls worth $152,110.
Projected price target
Analyzing the volume and open interest on these contracts, it appears that large players have been focusing on Deere’s price window from $400.0 to $470.0 over the past quarter.
Volume and Open Interest Insights
Evaluating volume and open interest is a strategic step in options trading. These metrics reveal liquidity and investor interest in Deere options at a specified strike price. Upcoming data shows the movement in call and put volume and open interest over the past 30 days associated with heavy trades at Deere, with strikes ranging from $400.0 to $470.0.
Deere 30-day options volume and interest snapshot
Significant options trades detected:
| symbol | Put/Call | Trade type | mood | Expired. date | ask | bid | price | strike price | total transaction price | open interest | volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| virtue | put | sweep | bullish | March 21, 25 | $26.85 | $26.8 | $26.8 | $450.00 | $160,800 | Chapter 282 | 0 |
| virtue | call | trading | bullish | September 19, 25 | $34.35 | $33.55 | $34.15 | $450.00 | $81,900 | 68 | 25 |
| virtue | put | trading | bullish | September 19, 25 | $46.55 | $46.1 | $46.1 | $460.00 | $41,400 | 6 | twenty four |
| virtue | put | trading | bullish | September 19, 25 | $47.45 | $46.9 | $46.9 | $460.00 | $375,000 | 6 | 15 |
| virtue | call | trading | Bearish | 01/15/27 | $62.0 | $60.2 | $60.2 | $470.00 | $36,100 | twenty four | 6 |
About Deere
Deere is the world’s leading agricultural equipment manufacturer, producing some of the most recognizable machines in the heavy machinery industry, and its colors are green and yellow. The company is organized into four reportable segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and John Deere Capital. Its products are sold through an extensive dealer network, including more than 2,000 dealer locations in North America and approximately 3,700 dealer locations worldwide. In addition to providing wholesale financing to dealers, John Deere Capital also provides machinery retail financing to its customers, which increases the likelihood of sales of Deere products.
After analyzing the options activity related to Deere, we turn to a closer look at the performance of the company itself.
Deere’s current market conditions
- DE traded 122,952 shares and the price rose 0.4% to $434.56.
- The current RSI value indicates that the stock may be close to oversold.
- Its next earnings report is expected in 49 days.
What experts say about Deere
3 market experts recently issued ratings on the stock, with a consensus price target of $510.0.
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20-year professional options trader reveals his one-line charting technique that shows when to buy and sell. Copy his trades and make an average profit of 27% every 20 days. Click here to visit. * Analysts at Truist Securities maintained their stance on Deere with a buy rating and a price target of $550. * Citing concerns, a Jefferies analyst downgraded the stock to “hold” and set a new price target of $510. * Citigroup analysts maintained a neutral rating on Deere and a $470 price target.
Options trading carries a higher level of risk and potential reward. Savvy traders manage these risks by constantly educating themselves, adjusting their strategies, monitoring multiple indicators, and paying close attention to market trends. Get the latest on Deere options trades with real-time alerts from Benzinga Pro.
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