Investors Bullish on Estee Lauder Cos as Options Activity Surges

Deep-pocketed investors are showing a bullish stance towards Estee Lauder Cos, according to public options records tracked by Benzinga. The significant increase in options activity for Estee Lauder Cos suggests that a major development may be on the horizon. Benzinga’s options scanner uncovered 9 unusual options activities for the company, with 55% of investors leaning towards a bullish outlook and 33% adopting a bearish sentiment. The options include 2 puts valued at $68,580 and 7 calls totaling $326,565, indicating a strategic targeting of a price range between $95.0 and $140.0 over the last 3 months.

Estee Lauder Cos is a key player in the global prestige beauty market, offering products across various categories. With a strong presence in over 150 countries, the company generates a significant portion of its revenue from the Americas, Europe, Middle East, Africa, and the Asia-Pacific region. The company distributes its products through multiple channels, including department stores, e-commerce, and dedicated brand stores. Monitoring the options trading patterns for Estee Lauder Cos provides insights into the company’s current market status and performance, with analysts providing an average target price of $131.6 based on recent ratings.

While trading options carries increased risks, it also presents the potential for higher profits. Understanding market dynamics, utilizing indicators, and staying informed about trade adjustments are crucial for successful options trading. Traders can stay updated on the latest options trades and alerts for Estee Lauder Cos through Benzinga Pro, a platform that offers real-time insights and information for informed decision-making.