D-Wave Quantum Sees Spike in Unusual Options Trading Activity
Feb 21, 2025
A Closer Look at Celestica's Options Market Dynamics
Benzinga's options scanner has just revealed over 14 transactions involving options for Celestica Inc. (CLS), with a total value exceeding $566,975. Additionally, the analysis uncovered 8 put options valued cumulatively at $272,605.
Projected Price Targets
Analysis of trading volumes and open interest suggests that key market participants are targeting a price range between $130.0 and $180.0 for Celestica over the past three months.
Volume & Open Interest Development
Monitoring the volume and open interest is crucial when trading options. This information can effectively illustrate the liquidity and general interest surrounding Celestica's options at specific strike prices. Below, we outline the changes in volume and open interest for both calls and puts relating to significant trades within Celestica's range of $130.0 to $180.0 from the last 30 days.
Celestica Option Volume And Open Interest Over Last 30 Days
Analysis and trends in option trading provide valuable insights into market behavior and investor sentiment.
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Expiration 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. specializes in delivering supply chain solutions. The firm operates through two distinct segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). The ATS division engages in markets such as Aerospace and Defense, Industrial, Health Tech, and Capital Equipment. This includes the Semiconductor, Display, and Robotics Equipment sectors. The CCS segment includes Communications and Enterprise markets, focusing on server and storage solutions. A significant portion of the company's revenue is generated from the Connectivity & Cloud Solutions segment.
Celestica's Current Market Status
- As of now, CLS is trading at $127.32, reflecting a drop of -2.23% with a trading volume of 2,090,984.
- Current Relative Strength Index (RSI) readings indicate the stock might be nearing overbought territory.
- The company is set to release its next earnings report in 71 days.
Professional Analyst Ratings for Celestica
In the past month, four professional analysts have shared their perspectives on Celestica, suggesting an average price target of approximately $136.5.
Strategies for Success: Options trading can be riskier than standard stock trading but offers significant profit potential. Experienced options traders often mitigate risks by continually educating themselves, strategically entering and exiting trades, and closely observing multiple indicators and market trends.
For those interested in staying informed on the latest options trades involving Celestica, real-time options trade alerts can provide valuable insights.
Celestica, Options, Market