Buyers with some huge cash to spend have taken a bearish stance on e.l.f. Magnificence ELF.
And retail merchants ought to know.
We observed this as we speak when the trades confirmed up on publicly obtainable choices historical past that we monitor right here at Benzinga.
Whether or not these are establishments or simply rich people, we do not know. However when one thing this large occurs with ELF, it typically means any person is aware of one thing is about to occur.
So how do we all know what these traders simply did?
In the present day, Benzinga’s choices scanner noticed 8 unusual choices trades for e.l.f. Magnificence.
This is not regular.
The general sentiment of those big-money merchants is cut up between 25% bullish and 62%, bearish.
Out of the entire particular choices we uncovered, 2 are places, for a complete quantity of $85,560, and 6 are calls, for a complete quantity of $205,694.
What’s The Worth Goal?
Primarily based on the buying and selling exercise, it seems that the numerous traders are aiming for a worth territory stretching from $110.0 to $240.0 for e.l.f. Magnificence over the latest three months.
Quantity & Open Curiosity Improvement
Analyzing the quantity and open curiosity supplies essential insights into inventory analysis. This data is vital in gauging liquidity and curiosity ranges for e.l.f. Magnificence’s choices at sure strike costs. Under, we current a snapshot of the tendencies in quantity and open curiosity for calls and places throughout e.l.f. Magnificence’s important trades, inside a strike worth vary of $110.0 to $240.0, over the previous month.
e.l.f. Magnificence Possibility Exercise Evaluation: Final 30 Days
Noteworthy Choices Exercise:
Image
PUT/CALL
Commerce Kind
Sentiment
Exp. Date
Ask
Bid
Worth
Strike Worth
Whole Commerce Worth
Open Curiosity
Quantity
ELF
PUT
TRADE
BULLISH
04/17/25
$122.3
$120.2
$121.0
$240.00
$60.5K
5
5
ELF
CALL
TRADE
BEARISH
11/15/24
$16.7
$15.5
$15.85
$120.00
$55.4K
235
48
ELF
CALL
SWEEP
BEARISH
01/17/25
$22.0
$21.5
$21.5
$115.00
$32.2K
91
18
ELF
CALL
SWEEP
BULLISH
10/18/24
$1.55
$1.45
$1.5
$155.00
$31.8K
166
233
ELF
CALL
TRADE
BEARISH
09/19/25
$28.8
$28.0
$28.08
$125.00
$30.8K
4
11
About e.l.f. Magnificence
e.l.f. Magnificence Inc is a multi-brand magnificence firm that gives inclusive, accessible, clear, vegan and cruelty-free cosmetics and skincare merchandise. The Firm’s mission is to make the most effective of magnificence accessible to each eye, lip, face, and pores and skin concern. The corporate affords beauty equipment for ladies which embrace eyeliner, mascara, false eyelashes, lipstick, the inspiration for the face, moisturizer, cleanser, and different instruments by its shops and e-commerce channels. The merchandise that the corporate sells are marketed underneath the e.l.f. Cosmetics, W3LL PEOPLE and Keys Soulcare manufacturers. It carries out gross sales inside the US and internationally, out of which most income is generated from the US.
Having examined the choices buying and selling patterns of e.l.f. Magnificence, our consideration now turns on to the corporate. This shift permits us to delve into its current market place and efficiency
Present Place of e.l.f. Magnificence
Buying and selling quantity stands at 1,630,815, with ELF’s worth down by -1.08%, positioned at $113.43.
RSI indicators present the inventory to be could also be oversold.
Earnings announcement anticipated in 47 days.
What The Specialists Say On e.l.f. Magnificence
5 market consultants have not too long ago issued rankings for this inventory, with a consensus goal worth of $192.2.
Sustaining their stance, an analyst from B of A Securities continues to carry a Purchase ranking for e.l.f. Magnificence, concentrating on a worth of $190.
Constant of their analysis, an analyst from TD Cowen retains a Purchase ranking on e.l.f. Magnificence with a goal worth of $150.
An analyst from B. Riley Securities downgraded its motion to Purchase with a worth goal of $175.
Sustaining their stance, an analyst from DA Davidson continues to carry a Purchase ranking for e.l.f. Magnificence, concentrating on a worth of $223.
An analyst from DA Davidson persists with their Purchase ranking on e.l.f. Magnificence, sustaining a goal worth of $223.
Choices buying and selling presents greater dangers and potential rewards. Astute merchants handle these dangers by regularly educating themselves, adapting their methods, monitoring a number of indicators, and maintaining a detailed eye on market actions. Keep knowledgeable in regards to the newest e.l.f. Magnificence choices trades with real-time alerts from Benzinga Professional.
Market Information and Knowledge dropped at you by Benzinga APIs
© 2024 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.