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Whales Take Notice: Trends in POET Technologies Options Trading
Recently, notable financial institutions have shown a strong bearish stance toward POET Technologies. Our examination of the options trading history for POET has brought to light a total of 54 unusual trades.
Looking deeper into the data, we found that only 9% of traders had a bullish outlook, while a significant 74% leaned toward bearish sentiment. Among the trades identified, there were 4 put options valued at $219,512 and 50 call options worth $2,702,382.
Projected Price Targets
By assessing the volume and open interest of these contracts, it appears that investors are projecting POET Technologies' price to fluctuate between $3.0 and $11.0 over the last quarter.
Volume & Open Interest Trends
In terms of trading activity, the mean open interest for POET Technologies options is recorded at 4,353.52, and the total volume stands at 144,184.00.
A chart depicting the activity of call and put options for POET Technologies within the $3.0 to $11.0 strike price range over the last 30 days can provide insightful trends.
Significant Options Trades Detected
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| POET | CALL | SWEEP | BEARISH | 04/17/25 | $0.9 | $0.8 | $0.8 | $8.00 | $160.2K | 1.8K | 2.3K |
| POET | CALL | SWEEP | BEARISH | 01/16/26 | $1.75 | $1.55 | $1.55 | $7.00 | $155.1K | 2.7K | 1.3K |
| POET | CALL | TRADE | BULLISH | 01/15/27 | $1.5 | $1.25 | $1.5 | $10.00 | $150.0K | 10.1K | 2.2K |
| POET | CALL | SWEEP | BEARISH | 01/15/27 | $1.5 | $1.4 | $1.4 | $10.00 | $131.4K | 10.1K | 4.3K |
| POET | CALL | SWEEP | BEARISH | 01/16/26 | $1.2 | $1.1 | $1.1 | $10.00 | $110.0K | 8.2K | 1.8K |
About POET Technologies
POET Technologies Inc specializes in the design and development of high-speed optical engines, light source products, and customized optical modules, primarily targeting the artificial intelligence and hyperscale data center sectors. Their unique integration solutions are based on the POET Optical Interposer, a patented technology that allows electronic and photonic devices to be integrated onto a single chip using advanced semiconductor manufacturing methods. This platform addresses integration issues across various communication, computing, and sensing applications. The company's operations are located in Allentown, Pennsylvania, Shenzhen, China, and Singapore.
Having explored the options trading patterns of POET Technologies, we now turn our attention to the company's current market standings.
Present Market Standing of POET Technologies
- Current trading volume is at 10,474,973, with POET's stock price rising by 34.81%, currently valued at $7.76.
- Relative Strength Index (RSI) indicators suggest that the stock may be overbought.
- An earnings announcement is anticipated in 78 days.
Expert Opinions on POET Technologies
One market analyst recently issued ratings for this stock, setting a consensus target price of $7.00.
Notable Options Activity: Movements by Smart Money
Monitoring unusual options trades can highlight potential market changes before they occur. It is essential for savvy traders to manage risks effectively through education, adapting strategies, and observing multiple market indicators. Keep up to date with the latest trades from Benzinga Pro.
trading, options, POET