• Mon. Aug 15th, 2022

Looking At Linde’s Recent Whale Trades

ByBenzinga Insights

Jul 29, 2022
Looking At Linde's Recent Whale Trades

Benzinga’s options scanner just detected over 10 options trades for Linde LIN summing a total amount of $643,206.

At the same time, our algo caught 2 for a total amount of 96,100.

What’s The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $250.0 to $310.0 for Linde over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Linde options trades today is 341.88 with a total volume of 407.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Linde’s big money trades within a strike price range of $250.0 to $310.0 over the last 30 days.

Linde Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:









Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
LIN CALL TRADE BULLISH 01/19/24 $300.00 $122.0K 97 28
LIN CALL SWEEP BULLISH 08/19/22 $270.00 $96.0K 764 30
LIN CALL SWEEP BULLISH 10/21/22 $290.00 $92.8K 1.1K 0
LIN CALL SWEEP BULLISH 10/21/22 $280.00 $87.4K 240 51
LIN PUT SWEEP BULLISH 09/16/22 $280.00 $68.0K 427 166









Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
LIN CALL TRADE BULLISH 01/19/24 $300.00 $122.0K 97 28
LIN CALL SWEEP BULLISH 08/19/22 $270.00 $96.0K 764 30
LIN CALL SWEEP BULLISH 10/21/22 $290.00 $92.8K 1.1K 0
LIN CALL SWEEP BULLISH 10/21/22 $280.00 $87.4K 240 51
LIN PUT SWEEP BULLISH 09/16/22 $280.00 $68.0K 427 166

Where Is Linde Standing Right Now?

  • With a volume of 1,706,531, the price of LIN is up 1.67% at $301.88.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 90 days.

What The Experts Say On Linde:

  • JP Morgan has decided to maintain their Overweight rating on Linde, which currently sits at a price target of $350.
  • B of A Securities has decided to maintain their Buy rating on Linde, which currently sits at a price target of $369.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Linde, Benzinga Pro gives you real-time options trades alerts.



Image and article originally from www.benzinga.com. Read the original article here.