For investors flaunting deep pockets, it seems a surge of optimism has enveloped Williams Companies (NYSE:WMB).
This revelation should prick the ears of retail traders.
Today, a remarkable uptick in positions caught our attention through our watchful eye on publicly available options data at Benzinga.
The magnitude of these actions raises brows – is this the handiwork of financial institutions or the moneyed elite? Regardless, such monumental activity surrounding WMB often signals an imminent occurrence in the market.
Benignly, our options scanner at Benzinga identified 9 substantial options trades involving Williams Companies today.
This unusual activity piques curiosity.
The consensus among these deep-pocketed traders is a clear divide – 100% bullish and 0% bearish.
Among the plethora of options we unearthed, a solitary put trade, amounting to $26,500, stood against a fusillade of 8 calls, valued at $228,290 in total.
What’s The Price Target?
By delving into the trading volumes and Open Interest, it becomes palpable that major movers in the market are honing in on a price bracket spanning $38.0 to $45.0 for Williams Companies over the past three months.
Insights into Volume & Open Interest
Scrutinizing the volume and open interest proves instrumental for options trading. This data serves as a compass to gauge the liquidity and demand for Williams Companies’s options at specific strike prices. Herein lies the evolutionary trajectory of call and put volumes and open interests for all significant trades within the $38.0 to $45.0 strike price range involving Williams Companies in the past 30 days.
Williams Companies Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WMB | CALL | TRADE | BULLISH | 01/16/26 | $5.2 | $4.6 | $4.98 | $45.00 | $32.3K | 494 | 65 |
| WMB | CALL | SWEEP | BULLISH | 01/17/25 | $7.9 | $7.8 | $7.9 | $38.00 | $30.0K | 872 | 648 |
| WMB | CALL | SWEEP | BULLISH | 01/17/25 | $7.9 | $7.8 | $7.9 | $38.00 | $30.0K | 872 | 38 |
| WMB | CALL | SWEEP | BULLISH | 01/17/25 | $7.9 | $7.8 | $7.9 | $38.00 | $28.4K | 872 | 550 |
| WMB | CALL | SWEEP | BULLISH | 01/17/25 | $7.9 | $7.8 | $7.9 | $38.00 | $28.4K | 872 | 334 |
About Williams Companies
Williams Companies is a midstream energy behemoth, adorned with the ownership and operation of the expansive Transco and Northwest pipeline systems, alongside associated natural gas gathering, processing, and storage assets. In August 2018, the acquisition of the remaining 26% stake of its limited partner, Williams Partners, was sealed.
Post our dissection of the options spectacle encircling Williams Companies, our gaze shifts to assessing the company’s intrinsic performance.
Current Position of Williams Companies
- Trading volume is standing tall at 7,165,859, with WMB’s price elevating by 0.62%, perched at $45.77.
- RSI indicators are echoing warnings of possible overbought conditions for the stock.
- An earnings proclamation is slated in 61 days.
Professional Analyst Ratings for Williams Companies
Three market savants have recently dispensed their views on this stock, arriving at a mean target price of $45.67.
- Unyielding in their stance, an analyst from Scotiabank maintains a Sector Perform rating on Williams Companies, steering the target price to $48.
- Consistency is key as an analyst from Barclays adheres to an Equal-Weight rating for Williams Companies, anchoring a price target at $42.
- Keenly supporting the thesis, an analyst from RBC Capital upholds an Outperform rating for Williams Companies, setting a target price of $47.
Options present a venture more treacherous than mere stock trading, yet promise elevated profitability. Astute options traders navigate this terrain by imbibing knowledge daily, adroitly managing trades, heeding various indicators, and vigilantly scanning the markets.
Should you crave the latest updates on options maneuvers involving Williams Companies, Benzinga Pro extends real-time alerts for options trades.
