Stocks

A Closer Look at Celestica's Options Market Dynamics

Published February 11, 2025

Recently, an options scanner has identified more than 14 transactions involving options on Celestica (NYSE: CLS) totaling a significant value of $566,975. Among these transactions, 8 puts were flagged, amounting to a collective worth of $272,605.

Projected Price Targets

An analysis of recent trading volumes and open interest indicates that market activities are concentrated within a price range of $130.00 to $180.00 for Celestica over the past three months.

Volume & Open Interest Development

Monitoring volume and open interest is crucial when engaging in options trading. This data provides insights into the liquidity and market interest in Celestica's options at specific strike prices. Below, we summarize the trends in volume and open interest for both call and put options related to Celestica within a strike price range of $130.00 to $180.00 observed in the last 30 days.

Celestica Option Volume And Open Interest Over Last 30 Days

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
CLS CALL SWEEP BULLISH 03/21/25 $8.6 $8.3 $8.6 $130.00 $199.5K 1.3K 338
CLS CALL SWEEP BEARISH 06/20/25 $6.6 $6.5 $6.5 $180.00 $114.4K 361 181
CLS PUT TRADE BULLISH 01/16/26 $58.0 $55.5 $55.5 $165.00 $44.4K 4 8
CLS PUT TRADE BULLISH 09/19/25 $39.5 $39.0 $39.0 $150.00 $42.9K 11 12
CLS CALL TRADE BEARISH 06/20/25 $7.1 $6.3 $6.6 $180.00 $41.5K 361 334

About Celestica

Celestica Inc. is a provider of supply chain solutions and operates through two main segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). The ATS sector includes markets such as Aerospace, Defense, and Industrial, along with health tech and Capital Equipment segments. On the other hand, CCS comprises Communication and Enterprise markets, which include server and storage solutions. A majority of Celestica's revenue is derived from its Connectivity & Cloud Solutions segment.

Celestica's Current Market Status

  • The trading volume recently hit 2,090,984, with CLS shares dropping by 2.23%, now priced at $127.32.
  • Current Relative Strength Indicator (RSI) readings suggest that the stock may be reaching overbought levels.
  • The next earnings report for Celestica is anticipated in 71 days.

Professional Analyst Ratings for Celestica

In the past month, four professional analysts have assessed Celestica, providing an average price target of $136.50.

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Analysts have varied opinions about Celestica, with Barclays giving it an Overweight rating and a target price of $139. RBC Capital also maintains an Outperform rating, setting a target of $140, while another analyst from the same firm sets a higher target at $160. TD Securities holds a Buy rating with a target price of $107.

Investing in options carries higher risks than regular stock trading, but it also has the potential for greater rewards. Successful options traders mitigate risk through ongoing education, strategically entering and exiting trades, and responding to multiple indicators, while staying attuned to market movements.

For those seeking updates on Celestica's options activity, there are services that offer real-time trade alerts.

Celestica, Options, Market