Electronic Arts Whale Trades for August 26

Someone with a lot of money to spend has taken a bullish stance on electronic arts EA.

And retailers should know that.

We noticed this today when the big position appeared on the history of publicly available options we track here at Benzinga.

Whether it is an institution or just a wealthy individual, we don’t know. But when something this big happens with EA, it often means someone knows something is going to happen.

So how do we know what this whale just did?

Today, Benzinga’s options scanner spotted 17 unusual options trades for Electronic Arts.

It is not normal.

The general sentiment of these big traders is split between 52% bullish and 47% bearish.

Of all the special options we discovered, 7 are put options, totaling $345,677, and 10 are call options, totaling $497,254.

What is the target price?

Given the volume and open interest on these contracts, it appears whales have been targeting a $120.0-$140.0 price range for Electronic Arts over the past 3 months.

Development of volume and open interest

Reviewing volume and open interest is an insightful way to perform due diligence on a security.

This data can help you track the liquidity and interest of Electronic Arts options for a given strike price.

Below, we can see the evolution of call and put volume and open interest, respectively, for the entire Electronic Arts whale business across a strike price range of from $120.0 to $140.0 in the last 30 days.

Electronic Arts Option Volume and Open Interest in the Last 30 Days

The biggest options spotted:









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
EA CALL SWEEP BEARISH 06/16/23 $130.00 $103.5,000 81 59
EA PUT SWEEP BULLISH 03/17/23 $135.00 $72.5,000 36 156
EA CALL SWEEP BEARISH 10/21/22 $140.00 $62,400 44 199
EA CALL SWEEP BEARISH 03/17/23 $140.00 $60.4,000 73 63
EA PUT SWEEP BULLISH 02/09/22 $130.00 $58.8,000 24 746









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
EA CALL SWEEP BEARISH 06/16/23 $130.00 $103.5,000 81 59
EA PUT SWEEP BULLISH 03/17/23 $135.00 $72.5,000 36 156
EA CALL SWEEP BEARISH 10/21/22 $140.00 $62,400 44 199
EA CALL SWEEP BEARISH 03/17/23 $140.00 $60.4,000 73 63
EA PUT SWEEP BULLISH 02/09/22 $130.00 $58.8,000 24 746

Where is Electronic Arts right now?

  • With a volume of 6,938,253, EA’s price is up 4.24% to $133.02.
  • RSI indicators suggest that the underlying stock may be close to overbought.
  • The next results should be published in 68 days.

What the experts say about electronic arts:

  • B of A Securities has decided to maintain its buy rating on Electronic Arts, which currently sits at a target price of $155.
  • Credit Suisse has decided to maintain its outperform rating on Electronic Arts, which currently sits at a price target of $154.
  • Wells Fargo has decided to maintain its Equal-Weight rating on Electronic Arts, which currently sits at a price target of $155.
  • Deutsche Bank has decided to maintain its buy rating on Electronic Arts, which currently sits at a price target of $160.

Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.

If you want to stay up to date on the latest options trades for Electronic Arts, Benzinga Pro gives you real-time options trade alerts.

Comments are closed.