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Behind the Scenes of Live Nation Entertainment’s Latest Options Trends

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Investors with a lot of money to spend have taken a bullish stance on Live Nation Entertainment (NYSE:LYV).

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don’t know. But when something this big happens with LYV, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga‘s options scanner spotted 12 uncommon options trades for Live Nation Entertainment.

This isn’t normal.

The overall sentiment of these big-money traders is split between 33% bullish and 25%, bearish.

Out of all of the special options we uncovered, 3 are puts, for a total amount of $133,450, and 9 are calls, for a total amount of $268,580.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $82.5 to $105.0 for Live Nation Entertainment over the recent three months.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Live Nation Entertainment options trades today is 561.25 with a total volume of 13,807.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Live Nation Entertainment’s big money trades within a strike price range of $82.5 to $105.0 over the last 30 days.

Live Nation Entertainment 30-Day Option Volume & Interest Snapshot

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
LYV PUT SWEEP BULLISH 07/19/24 $0.8 $0.65 $0.7 $85.00 $55.5K 599 1.4K
LYV PUT SWEEP BULLISH 07/19/24 $0.8 $0.7 $0.7 $85.00 $46.6K 599 667
LYV CALL TRADE NEUTRAL 07/19/24 $1.45 $1.35 $1.4 $105.00 $38.6K 513 1.4K
LYV CALL TRADE NEUTRAL 07/19/24 $1.45 $1.35 $1.4 $105.00 $35.5K 513 1.7K
LYV PUT SWEEP BEARISH 07/19/24 $0.5 $0.35 $0.5 $82.50 $31.2K 1.0K 625

About Live Nation Entertainment

Live Nation is the largest live entertainment firm in the world, operating in 49 countries at the end of 2023 through its concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live…

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