Stocks

Bullish Moves in Planet Fitness Options: A Deep Dive

Published February 21, 2025

Significant investors, often referred to as "whales," are showing strong interest in Planet Fitness. Recent activity in the options market indicates a potentially bullish outlook for the company.

Upon reviewing the options trading history for Planet Fitness (PLNT), we have detected 11 notable trades. This indicates a mix of expectations among investors regarding the stock's performance. Interestingly, 36% of trades were initiated with a bullish outlook, while an equal percentage held bearish views.

Among the trades, 7 were put options amounting to approximately $450,867, while 4 were call options totaling around $340,743.

Price Predictions for Planet Fitness

By examining the volume and open interest of these options, it appears that investors are anticipating a price range for Planet Fitness between $85.00 and $110.00 over the upcoming quarter.

Volume and Open Interest Analysis

In terms of market traction, Planet Fitness options show a mean open interest of 237.2, coupled with a total trade volume of 698. This data provides insight into the overall interest from traders and the liquidity surrounding these options.

Recent Options Trading Activity

Tracking the volume and open interest of significant options trades for Planet Fitness within the specified price range over the past month can provide insights into market sentiment and trader strategies.

Key Options Trades Identified:

Symbol PUT/CALL Trade Type Market Sentiment Expiration Date Ask Price Bid Price Trade Price Strike Price Total Trade Value Open Interest Volume
PLNT PUT TRADE Bearish 06/20/25 $16.7 $14.8 $16.0 $110.00 $171.2K 175 118
PLNT CALL SWEEP Bearish 03/21/25 $4.4 $4.1 $4.3 $100.00 $129.0K 31 0
PLNT PUT TRADE Bullish 06/20/25 $12.8 $12.2 $12.2 $105.00 $92.7K 154 7
PLNT CALL TRADE Neutral 03/21/25 $4.7 $4.5 $4.6 $97.50 $91.5K 425 5
PLNT CALL SWEEP Neutral 02/21/25 $11.1 $9.9 $11.0 $85.00 $67.1K 364 0

About Planet Fitness

Planet Fitness Inc operates as a franchisor and operator of fitness centers primarily in the United States. The company has three main segments: Franchise, Corporate-owned stores, and Equipment sales. The Franchise segment handles operations related to its franchising business not only in the U.S. but also in Puerto Rico, Canada, Panama, Mexico, and Australia. The Corporate-owned stores segment manages all corporate-owned locations across the U.S. and Canada, while the Equipment segment sells fitness equipment to franchisee-owned outlets. A significant portion of the company's revenue is derived from its Corporate-owned stores.

After analyzing the recent options trading surrounding Planet Fitness, it's time to shift our focus on the company's current performance.

Current Status of Planet Fitness

  • At present, Planet Fitness has recorded a trading volume of 1,212,417 shares, with its stock price down by 3.09% to $96.55.
  • Current Relative Strength Index (RSI) values suggest the stock might be nearing oversold conditions.
  • The company is set to release its next earnings report in just a few days.

Unusual Options Activity Detected: Insight into Smart Money

Observations from options analysts indicate potential movers in the market. To keep up with significant investment actions surrounding your stocks of interest, gaining insight from industry tools can be beneficial.

Trading options carry more risk compared to standard stock trading, but they can lead to higher profits. Seasoned options traders often manage their risk through continuous education, scaling in and out of positions, adhering to multiple indicators, and closely following market trends.

For those wanting real-time updates on options trades for Planet Fitness, subscribing to finance alerts can provide valuable information.

options, trading, investment