Deep-pocketed investors have adopted a bearish approach towards Electronic Arts EA, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in EA usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Electronic Arts. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 22% leaning bullish and 77% bearish. Among these notable options, 6 are puts, totaling $563,408, and 3 are calls, amounting to $277,639.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $125.0 and $145.0 for Electronic Arts, spanning the last three months.

Insights into 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 Electronic Arts'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 Electronic Arts's whale trades within a strike price range from $125.0 to $145.0 in the last 30 days.

Electronic Arts Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

About Electronic Arts

Electronic Arts is one of the largest global developers and publishers of video games. Its most important franchises are the Madden NFL and FC soccer games, which it releases annually. In 2024, it also relaunched its American college football game. Other major franchises include Apex Legends, Battlefield, and The Sims. Typically, about three quarters of the firm's sales are from in-game spending, with the remainder coming from initial game sales.

After a thorough review of the options trading surrounding Electronic Arts, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Current Position of Electronic Arts

• With a volume of 1,003,117, the price of EA is up 1.81% at $141.22.
• RSI indicators hint that the underlying stock may be overbought.
• Next earnings are expected to be released in 50 days.

What The Experts Say On Electronic Arts

2 market experts have recently issued ratings for this stock, with a consensus target price of $150.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from Ascendiant Capital persists with their Buy rating on Electronic Arts, maintaining a target price of $160. * In a cautious move, an analyst from DA Davidson downgraded its rating to Neutral, setting a price target of $140.

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 Electronic Arts options trades with real-time alerts from Benzinga Pro.