Investors who can spend a lot of money have taken an optimistic stance United Parcel Service UPS.

And private traders should know.

We noticed this today when the trades appeared in the 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 at UPS, it often means someone knows something is going to happen.

So how do we know what these investors just did?

Today, Benzinga’s Options Scanner discovered 11 unusual options trades for United Parcel Service.

This is not normal.

The overall sentiment of these wholesalers is 54% optimistic and 36% pessimistic.

Of all the special options we discovered, 3 are put options with a total amount of $153,358 and 8 are call options with a total amount of $571,465.

Expected price movements

After evaluating the trading volumes and open interest, it is evident that major market players are focused on a price range between $100.0 and $155.0 for United Parcel Service, which covers the last three months.

Volume and open interest development

Looking at volume and open interest is an insightful way to conduct due diligence on a stock.

You can use this data to track liquidity and interest in United Parcel Service options for a specific strike price.

Below we can observe the evolution of volume and open interest of calls and puts respectively for all United Parcel Service whale activity within a strike price range of $100.0 to $155.0 over the last 30 days.

United Parcel Service 30-Day Option Volume and Interest Overview

Significant options trades identified:

About United Parcel Service

As the world’s largest package delivery company, UPS operates a massive fleet of more than 500 aircraft and 100,000 vehicles, as well as many hundreds of sorting facilities, to deliver an average of 22 million packages per day to homes and businesses around the world. UPS’s domestic package service in the US generates around 64% of total revenue, while international packages account for 20%. The rest comes from air and ocean freight forwarding, truck brokerage and contract logistics. UPS is currently looking for “strategic alternatives” for its truck brokerage unit Coyote, which it acquired in 2015.

After a thorough review of the options trading surrounding United Parcel Service, we now examine the company in more detail, including an assessment of its current market status and performance.

Where does United Parcel Service currently stand?

• With a trading volume of 1,608,321, the price of UPS increased by 0.63% to reach $129.36.
• Current RSI readings suggest the stock may be oversold.
• The next earnings report is scheduled for 69 days.

Expert opinions on United Parcel Service

A total of 5 professional analysts have given their assessment of this stock in the last 30 days and set an average price target of $139.2.

• A Susquehanna analyst maintains his stance and continues to give United Parcel Service a “neutral” rating and targets a price of $135.
• An analyst at Stifel has decided to maintain his buy rating on United Parcel Service, which currently stands at a price target of $151.
• An analyst at B of A Securities maintains his view and maintains a “Neutral” rating on United Parcel Service with a price target of $158.
• An analyst at B of A Securities remains consistent with his assessment and continues to give United Parcel Service a “Neutral” rating with a price target of $132.
• A Barclays analyst has decided to maintain his Equal Weight rating on United Parcel Service, which currently stands at a price target of $120.

Options trading involves greater risk but also offers the potential for greater rewards. Experienced traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing a variety of indicators, and considering market dynamics. Stay on top of the latest options trades for United Parcel Service with Benzinga Pro and get real-time alerts.