Crypto Updates

Dollar Tree’s Options: A Look at What the Big Money is Thinking

Veteran Trader Peter Brandt Asks Macro Guru If Bitcoin Bull Has Finally Awoken From Deep Slumber

Benzinga’s options scanner has just identified more than 11 option transactions on Dollar Tree (NASDAQ:DLTR), with a cumulative value of $433,226. Concurrently, our algorithms picked up 8 puts, worth a total of 326,006.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $110.0 to $140.0 for Dollar Tree over the recent three months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Dollar Tree’s options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Dollar Tree’s whale trades within a strike price range from $110.0 to $140.0 in the last 30 days.

Dollar Tree Call and Put Volume: 30-Day Overview

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
DLTR CALL TRADE BULLISH 01/16/26 $27.0 $25.3 $27.0 $120.00 $81.0K 40 0
DLTR PUT TRADE BULLISH 09/20/24 $11.2 $11.1 $11.1 $125.00 $67.7K 917 166
DLTR PUT TRADE BULLISH 01/17/25 $16.5 $16.45 $16.45 $130.00 $44.4K 5.2K 32
DLTR PUT TRADE BULLISH 09/20/24 $11.2 $11.1 $11.1 $125.00 $44.4K 917 103
DLTR PUT TRADE BULLISH 01/17/25 $11.5 $11.35 $11.35 $120.00 $40.8K 6.3K 41

About Dollar Tree

Dollar Tree operates discount stores across the United States and Canada, with over 8,400 shops under its namesake banner and 8,350 under Family Dollar. About 47% of Dollar Tree’s sales in fiscal 2023 were composed of consumables (including food, health and beauty, and cleaning products), around 45% from variety items (including toys and homewares), and over 5% from seasonal items. The Dollar Tree banner sells most of its merchandise at the $1.25 price point and positions its stores in well-populated suburban markets. Conversely, Family Dollar primarily sells consumable merchandise (80% of the banner’s sales) at prices below $10. About two-thirds of Family Dollar’s stores are located in urban and suburban markets, with the remaining one-third located in rural areas.

Following our analysis of the options activities associated with Dollar Tree, we pivot to a closer look at…

Click Here to Read the Full Original Article at Cryptocurrencies Feed…