Discover the Powerful Crypto Strategy for Newbies and Get $10 in BTC

Limited-Time Offer: Attend one of our enlightening workshops this week and receive $10 in Bitcoin as our thank you for your engagement. No catch. No purchase necessary.

MetLife Whale Trades Spotted

Benzinga Insights
September 30, 2022

Someone with a lot of money to spend has taken a bearish stance on MetLife (NYSE:MET).

And retail traders should know.

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

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with MET, it often means somebody knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga's options scanner spotted 10 uncommon options trades for MetLife.

This isn't normal.

The overall sentiment of these big-money traders is split between 40% bullish and 60%, bearish.

Out of all of the special options we uncovered, 4 are puts, for a total amount of $218,640, and 6 are calls, for a total amount of $1,586,882.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $50.0 to $72.5 for MetLife over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for MetLife options trades today is 1639.5 with a total volume of 6,679.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for MetLife's big money trades within a strike price range of $50.0 to $72.5 over the last 30 days.

MetLife Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
MET CALL TRADE BEARISH 06/16/23 $72.50 $1.2M 2.7K 5.0K
MET PUT SWEEP BEARISH 01/19/24 $50.00 $108.8K 2.5K 322
MET CALL SWEEP BULLISH 01/19/24 $67.50 $85.1K 832 80
MET CALL SWEEP BULLISH 11/18/22 $60.00 $84.8K 198 540
MET CALL SWEEP BULLISH 11/18/22 $60.00 $79.5K 198 34

Where Is MetLife Standing Right Now?

  • With a volume of 1,620,879, the price of MET is up 1.02% at $61.69.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 33 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for MetLife, Benzinga Pro gives you real-time options trades alerts.

Continue Reading...

Popular

Mark Cuban Shares Three Supplements He Takes To Keep Himself Sharp

With all of his many ventures, Mark Cuban, the celebrated billionaire investor who is set to sell a majority stake in the Dallas Mavericks, reportedly keeps to a routine to stay on top of his game. </

Elon Musk: This Will Be Bigger Than Tesla - Ad

I'm talking about Elon Musk's Optimus robots. These robots will make it cheaper to manufacture goods here in America than China and I predict between now and January 9, 2024, AI technology will open a "wealth window" that could be the biggest wealth-building opportunity of your lifetime.

Iran Boosts Space Program, Reportedly Sent Animals To Earth's Orbit

Iran's attempts to send animals into space began in the mid-2000s, achieving success for the first time in 2010.

Holiday crowds at airports and on highways are expected to be even bigger than last year

More Americans are expected to fly or drive far from home over Christmas than did last year, putting a cap on a busy year for travel.

[Live Now] Altucher Makes Bold Prediction Live - Ad

Hello. My name is James Altucher and I'm here in Las Vegas to reveal my boldest prediction ever: On January 9, 2024, the building I'm in front of now will be the site of a massive global event that I believe will slam the door on the greatest wealth-building opportunity of our lifetimes.

Stock market today: Asian shares mixed after Wall Street hits 2023 high

Asian shares were mixed on Monday after Wall Street reached a 20-month high ahead of a week that includes essential U.S. inflation data and the Federal Reserve's final rate decision of the year.

The AI Breakthrough Revolutionizing Warfare - Ad

AI will completely revolutionize the way we fight wars -- just like the Atom Bomb did in World War 2. I think it's about time you found out why The U.S. Space Command, Homeland Security, AND The U.S. Army all just adopted this tiny firm's proprietary system.

These 3 Energy Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Insiders Buying Eyenovia And 3 Other Stocks Under $2

The Dow Jones closed lower by around 80 points on Tuesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.

White House Insider Reveals Huge Biden Blunder - Ad

Biden's blunder will soon cost good Americans EVERYTHING. This mistake has kicked off what I believe will be the biggest wealth transfer in the history of our nation. Most will lose, but a few will gain.

Edmunds picks the five best cars for under $30,000

While buying used is always an option, there are some great new cars out there that are still affordably priced. The automotive experts at Edmunds have selected five standout vehicles with starting prices less than $30,000.

Top 3 Industrials Stocks That May Explode This Month

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Musk, Dalio and Cuban Are Loading Up on This One Coin - Ad

Mark Cuban proclaimed this coin "will dwarf Bitcoin." And Elon Musk made sure it was one of the only three coins he owns. It's called the Next Gen Coin... As this presentation explains, this coin has the ability to "power the rails of global finance"... a $100 trillion industry.

Cathie Wood's ARK Innovation ETF Achieves 35% Gain In November, Its Best Month Since Inception

The ARK Innovation ETF (NYSE:ARKK), managed by renowned investor Cathie Wood, has posted remarkable gains in November, making it the fund’s best-performing month since its launch in 2014.

Don't Miss Out: Secure Your $10 Bitcoin Reward Today - Ad

Limited-Time Offer: Attend one of our enlightening workshops this week and receive $10 in Bitcoin as our thank you for your engagement. No catch. No purchase necessary.

Costco Wholesale, Procter & Gamble And Other Defensive Stocks From Wall Street's Most Accurate Analysts

Wall Street analysts make new stock picks on a daily basis. Even when it comes to one single stock, analyst ratings and price targets can vary widely....

Holding NVDA? Read This Now - Ad

NVDA is likely not the best buy for A.I. investors. 50-year Wall Street veteran Marc Chaikin reveals what to buy instead.

Palantir Technologies Shows Signs The Local Bottom Has Occurred: The Bull Bear Case For The Stock

Palantir Technologies, Inc (NYSE: PLTR) was falling slightly Monday after a 10% retracement between Tuesday and Friday last week dropped the stock from its 52-week high of $21.85.

2,000,000 "A.I. Crown Jewels" Set for Mass Production - Ad

A.I. investors...get ready: Because this little-known supplier just received a GIGANTIC order from Nvidia. It's one of the biggest production runs in technology history. And it's part of the reason why Barrons says this supplier could see $100 BILLION in sales by 2025.

Ron DeSantis Claps Back At Gavin Newsom: California Governor's Father-In-Law Moved To Florida Because Of High Taxes

Ron DeSantis alleged that the father-in-law of Gavin Newsom migrated to Florida to elude the burden of high taxes and soaring living costs in California.

System Issues Red-Hot A.I. Alert... - Ad

A powerful stock-picking system that a Georgetown study found gives its users an "important economic advantage" has just identified a "second wave" of A.I. stocks ready to pop.

Nvidia Delays Chip Launch And Competitors Are Set To Challenge Its Dominance

Last week, Nvidia Corporation (NASDAQ: NVDA) reported staggering third-quarter results. Despite its reliance on Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), Nvidia’s Data Center division drove this impressive growth,

Dutch lawyers seek a civil court order to halt the export of F-35 fighter jet parts to Israel

THE HAGUE, Netherlands (AP) — Human rights lawyers went to court in the Netherlands on Monday to call for a halt to the export of fighter jet parts to Israel that could be used in attacks on Gaza.

"Bitcoin Is Dead" (Buy This Instead) - Ad

There's one investment hiding in the shadows of the crypto market positioned to grow 20 times bigger than bitcoin. Very soon this "Next Generation Coin" will be a cornerstone of the $100 trillion financial industry. The best part -- you can get started with as little as $20.

Circle Rejects Watchdog Group's Accusations Of Ties To Hamas Funding

Digital currency company and USDC stablecoin issuer, Circle has strongly denied accusations made by a Washington watchdog group.

Charlie Munger, Warren Buffet's sidekick at Berkshire Hathaway, dies at 99

OMAHA, Neb. (AP) — Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an investment powerhouse, has died at a California hospital. He was 99.

This AI Stock Is Still Dirt Cheap - Ad

If I told you that we'd be using AI to save lives on the battlefield, you'd think it was science fiction. But this is happening right now on the front lines of Ukraine. Wall Street giants just reported that they own over $1 billion in stock and it is still dirt cheap at less than $15 per share.

Peter Schiff Unimpressed By Bitcoin's $40K Move, Says Gold Has 'Completely Broken Out'

Gold reaching record highs is more significant than Bitcoin’s (CRYPTO: BTC) performance, says Peter Schiff, emphasizing the precious metal’s recent rally and contrasting it with the cryptocurrency’s challenges.

Anonymous Donor Injects Millions Into Trump-Linked Think Tank

Although the exact figures are not revealed, the contribution is estimated to be in the millions.

Rare Chance to Be an Early Investor in AI Energy Breakthrough - Ad

Technology expert Ian King has found a way to invest in the technology powering AI energy. A breakthrough that presents a once-in-a-lifetime opportunity for fast-acting investors.

Former Indiana lawmaker pleads guilty to casino corruption charge

INDIANPOLIS (AP) — A former Indiana lawmaker pleaded guilty Tuesday to supporting a bill favoring a casino in exchange for promises of lucrative employment.

Michigan to join state-level effort to regulate AI political ads as federal legislation pends

LANSING, Mich. (AP) — Michigan is joining an effort to curb deceptive uses of artificial intelligence and manipulated media through state-level policies as Congress and the Federal Elections Commission continue to debate more sweeping regulations ahead of the 2024 elections.

James Altucher: This Will Be Bigger Than the Crypto Market - Ad

James Altucher makes a prediction that one "next generation" technology will be BIGGER than the crypto market. This technology could be a $100 TRILLION industry. If you missed out before, at least watch his on-air prediction now.

POSaBIT Systems Reports Financial Performance In Q3 2023, Shows Resilience In Cannabis Payment Industry

POSaBIT Systems Corporation (CSE: PBIT) (OTC: POSAF), a provider of payments infrastructure in the cannabis industry, has released its financial results for the third quarter of 2023, ending September 30, 2023.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service