The financial seas have been churned by a conspicuous bearish move on Petrobras Brasileiro. Our in-depth analysis of options history for Petrobras Brasileiro revealed a total of 12 unique trades, akin to spotting great white whales among the breaking waves.
Upon delving deeper, a revelation emerged – 33% of traders displayed bullish tendencies while a significant 66% exhibited a predilection toward bearish maneuvers. Among the trades observed, 10 appeared as puts, with a combined value of $3,227,388, while 2 stood as calls, valued at $144,550, painting a colorful mural of financial uncertainty.
Unfolding Price Tides
Delving into the Volume and Open Interest of these contracts revealed a captivating narrative – the big players seemed fixated on a price spectrum ranging from $13.0 to $20.0 for Petrobras Brasileiro over the bygone quarter, reminiscent of seasoned sailors scanning the horizon for looming storms.
Navigating the Depths of Volume & Open Interest
Seafarers of the financial realm know the value of observing volume and open interest while navigating the options market. This data serves as a compass, aiding in tracking the liquidity and interest for Petrobras Brasileiro’s options across various strike prices. Let us set sail and witness the evolution of volume and open interest in calls and puts for all of Petrobras Brasileiro’s whale trades within a strike price range from $13.0 to $20.0 over the past 30 days.
Charting Petrobras Brasileiro’s 30-Day Option Voyage
Cracking the Code of Big Options
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PBR | PUT | TRADE | BEARISH | 06/20/25 | $2.7 | $0.0 | $1.8 | $13.00 | $1.2M | 7.0K | 7.0K |
| PBR | PUT | SWEEP | BEARISH | 01/17/25 | $6.2 | $6.2 | $6.2 | $20.00 | $1.1M | 34.2K | 0 |
| PBR | PUT | SWEEP | NEUTRAL | 01/17/25 | $7.85 | $6.2 | $6.2 | $20.00 | $436.5K | 34.2K | 2.5K |
| PBR | CALL | TRADE | BEARISH | 05/17/24 | $0.39 | $0.34 | $0.35 | $16.00 | $97.9K | 16.5K | 5.2K |
| PBR | PUT | SWEEP | BEARISH | 04/19/24 | $0.32 | $0.29 | $0.32 | $15.00 | $93.9K | 106.2K | 4.1K |
Diving into Petrobras Brasileiro’s Core
Petrobras shines as a Brazil-based integrated energy company, steered by the Brazilian government across known and unknown waters. With a focus on oil and gas exploration and production in Brazilian offshore territories, the company’s production in 2022 stood at 2.7 million barrels of oil equivalent daily, with reserves amounting to 10.5 billion boe. The year-end of 2022 saw Petrobras overseeing operations in 11 refineries across Brazil, funneling a daily capacity of 1.9 million barrels, dispersing refined products and natural gas far and wide.
In light of the recent volatile ripples in Petrobras Brasileiro’s options history, it is imperative to turn our gaze towards the company’s core itself, akin to peering through the foamy surface to witness the depths below.
Steering Through Petrobras Brasileiro’s Current Position
- As the tides ebb and flow, Petrobras Brasileiro encounters a trading volume of 23,328,719 with a price journeying down by -0.64%, anchoring at $15.42.
- The current RSI values flutter as a signal lantern, hinting at the stock possibly edging towards overbought shores.
- The next earnings report sets sail 35 days from now, as the financial ship follows the celestial chart.
Echoes from the Experts on Petrobras Brasileiro
In a sea of expert opinion, the resolute voices of 4 analysts resonated on the stock, setting an average target price of $17.25 as the lodestar.
- Reflecting concerns akin to storm clouds gathering, an analyst from B of A Securities scales back its rating to Neutral, setting a new price target moored at $16.
- In a buoyant gesture, an analyst from HSBC hoists the flag of Buy, adjusting the course with a target price aligned at $18, a positive breeze amidst the volatility.
- An anchored analyst from Goldman Sachs maintains a steadfast Buy rating on Petrobras Brasileiro, clinging to a target price of $17 through the undulating market waves.
- A seasoned navigator from UBS persists with their Buy rating on Petrobras Brasileiro, holding fast to a target price of $17 amidst the turbulent seas.
The world of options trading may appear as tempestuous as the open sea, with rocky reefs and hidden treasures. As investors navigate this volatile expanse, wisdom dictates continuous learning, adaptive strategies, vigilance over multiple indicators, and a keen eye on market tempests. Stay abreast of the latest Petrobras Brasileiro options trades, charting a course with real-time alerts from a trusted source, akin to a seasoned navigator relying on the North Star.