Investors with a lot of money to spend have taken a bullish stance on Axon Enterprise AXON.
And retail traders should know.
We noticed this today when the positions 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 AXON, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 11 options trades for Axon Enterprise.
This isn't normal.
The overall sentiment of these big-money traders is split between 45% bullish and 45%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $27,820, and 10, calls, for a total amount of $415,370.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $150.0 to $790.0 for Axon Enterprise during the past quarter.
Analyzing Volume & Open Interest
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 Axon Enterprise'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 Axon Enterprise's whale trades within a strike price range from $150.0 to $790.0 in the last 30 days.
Axon Enterprise Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AXON | CALL | TRADE | BULLISH | 01/17/25 | $30.0 | $29.9 | $30.0 | $600.00 | $72.0K | 252 | 24 |
| AXON | CALL | TRADE | BEARISH | 01/17/25 | $123.0 | $121.0 | $121.0 | $500.00 | $60.5K | 55 | 5 |
| AXON | CALL | TRADE | BEARISH | 03/21/25 | $467.7 | $467.6 | $467.6 | $150.00 | $46.7K | 1 | 1 |
| AXON | CALL | SWEEP | BEARISH | 01/17/25 | $110.1 | $110.0 | $110.0 | $500.00 | $44.0K | 55 | 10 |
| AXON | CALL | TRADE | BULLISH | 01/17/25 | $215.0 | $214.1 | $215.0 | $400.00 | $43.0K | 213 | 4 |
About Axon Enterprise
Axon Enterprise Inc develops, manufactures, and sells conducted energy devices and cloud-based digital evidence management software designed for use by law enforcement, corrections, military forces, private security personnel, and private individuals for personal defense. The company operates in two segments: Taser and software & sensors. Taser develops and sells CEDs used for protecting users and virtual reality training. Software and sensors manufacture fully integrated hardware and cloud-based software solutions such as body cameras, automated license plate reading, and digital evidence management systems. Axon delivers its products worldwide and derives the majority of its revenue from the software & sensors segment and geographically from the United States.
Present Market Standing of Axon Enterprise
- With a volume of 82,242, the price of AXON is down -2.24% at $609.84.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 60 days.
What Analysts Are Saying About Axon Enterprise
In the last month, 2 experts released ratings on this stock with an average target price of $750.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Maintaining their stance, an analyst from Baird continues to hold a Outperform rating for Axon Enterprise, targeting a price of $800. * In a positive move, an analyst from Morgan Stanley has upgraded their rating to Overweight and adjusted the price target to $700.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Axon Enterprise options trades with real-time alerts from Benzinga Pro.
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