A look at recent whale trades from Ginkgo Bioworks Holdings

A whale with lots of money to spend has taken a markedly bullish stance on Ginkgo Bioworks Holdings.

Review of Option History for Ginkgo Bioworks Holdings DNA we have detected 12 strange trades.

Looking at the specifics of each trade, it is correct to say that 75% of investors opened trades with bullish expectations and 25% with bearish expectations.

Of all the transactions identified, 2 are puts, for a total amount of $70,730 and 10 are calls, for a total amount of $572,620.

What is the target price?

Given the volume and open interest on these contracts, it appears whales have been targeting a $3.0-$5.0 price range for Ginkgo Bioworks Holdings over the past 3 months.

Development of volume and open interest

Watching volume and open interest is a powerful move when trading options. This data can help you track the liquidity and interest of Ginkgo Bioworks Holdings options for a given strike price. Below we can observe the evolution of volume and open interest of calls and puts, respectively, for all whale trades of Ginkgo Bioworks Holdings within a strike price range of 3.0 $ to $5.0 in the last 30 days.

Ginkgo Bioworks Holdings Options Volume and Open Interest in the Last 30 Days

The biggest options spotted:

Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
DNA CALL SWEEP BULLISH 08/19/22 $3.00 $128,700 8.6K 4.4K
DNA CALL SWEEP BULLISH 09/16/22 $5.00 $117,700 6.5K 6.9K
DNA CALL SWEEP BEARISH 09/16/22 $5.00 $75,000 6.5K 16.4K
DNA CALL SWEEP BULLISH 08/19/22 $3.00 $49,400 8.6K 4.1K
DNA CALL SWEEP BULLISH 08/19/22 $4.50 $45,000 4.2K 3.8K

Where is Ginkgo Bioworks Holdings right now?

  • With a volume of 129,488,777, DNA price is up 8.15% to $3.38.
  • RSI indicators suggest that the underlying stock could be close to overbought.
  • The next results should be published in 4 days.

Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.

If you want to stay up to date on the latest options trades for Ginkgo Bioworks Holdings, Benzinga Pro gives you real-time options trade alerts.

About Mildred B.

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