A recent surge of over 9 options trades for Beyond Meat BYND is heightening investor interest. The total value of these trades reaches a notable $459,745. Another 7 transactions further swirl the waters with a total of $442,745. These developments are ushering in a fresh wave of speculation on Wall Street.
Assessing the Price Target
Birds of a feather flock together, and the same principle applies to options traders. Taking the Volume and Open Interest on these contracts into account, it becomes apparent that whales in the stock market have been homing in on a price range from $6.0 to $20.0 for Beyond Meat over the past 3 months. This projection is akin to a band of seagulls zeroing in on their favorite coastal spot.
Volume & Open Interest Development
The rhythm of the market’s heartbeat reverberates through the average open interest for options of Beyond Meat, standing at a substantial 797.6. The total volume leaves a resounding echo, reaching 1,477.00. The accompanying chart traces the ebb and flow of both call and put option volume and open interest for high-value trades in Beyond Meat, akin to the tempo of a lively ocean current.
Beyond Meat Call and Put Volume: 30-Day Overview
Observations on the Largest Options Trades
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
BYND | PUT | SWEEP | BULLISH | 01/16/26 | $10.00 | $73.0K | 105 | 206 |
BYND | PUT | SWEEP | BEARISH | 01/16/26 | $10.00 | $73.0K | 105 | 410 |
BYND | PUT | SWEEP | BULLISH | 01/16/26 | $10.00 | $73.0K | 105 | 100 |
BYND | PUT | SWEEP | BULLISH | 12/19/25 | $10.00 | $72.2K | 400 | 111 |
BYND | PUT | TRADE | BULLISH | 01/16/26 | $8.00 | $64.3K | 838 | 111 |
A Glimpse into Beyond Meat
This is a journey through the realm of plant-based meats, under the aegis of Beyond Meat Inc. Its offerings include a spectrum of products such as burgers, sausage, ground beef, and chicken. Unlike other vegetarian products, Beyond Meat seeks to replicate the look, cook, and taste of meat, appealing to both omnivores and vegetarians alike. It’s as if the company has uncorked a genie bottled up in the meat aisle. These products are widely available across the U.S. and Canada and in 83 additional countries, forming an expansive map of consumer palates. International revenue accounted for 31% of 2021 sales. From the brick-and-mortar retail stores to the food service channel, Beyond Meat’s products are distributed through diverse avenues. Before the pandemic, sales were evenly divided between these two channels in 2019. By 2021, the mix had leaned to 70% retail and 30% food service. The company foresees a resurgence in food-service sales, buoyed by the crisis recovery and new partnerships with McDonald’s and Yum Brands, which are anticipated to reinstill a 50-50 balance between retail and food-service sales in the days to come.
Venturing beyond options trading, a closer inspection of Beyond Meat’s performance paints a vivid picture of the company’s posture in the stock market.
The Current Standing of Beyond Meat
- The trading volume unfurls to a count of 1,578,583, against a minute 0.14% upsurge in BYND’s stock price, currently positioned at $7.33.
- RSI indicators unveil that the stock may be verging on oversold territory.
- Eagerly anticipated earnings announcement is slated for 31 days later, holding the market in tingling anticipation.
Trading options dance on the razor’s edge of higher stakes and potential payoffs. Swaying to their beat demands persistent learning, adept trade maneuvers, the deployment of an array of indicators, and a constant attunement to market dynamics from seasoned investors. Remember, staying connected to the pulse of Beyond Meat’s options trades is it’s own art form, made possible with real-time alerts from Benzinga Pro.