Investors with a lot of money to spend have taken a bearish stance on Dow DOW.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don’t know. But when something this big happens with DOW, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga‘s options scanner spotted 9 uncommon options trades for Dow.
This isn’t normal.
The overall sentiment of these big-money traders is split between 33% bullish and 66%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $185,635, and 3 are calls, for a total amount of $135,608.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $32.5 to $50.0 for Dow during the past quarter.
Insights into Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Dow’s options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Dow’s whale activity within a strike price range from $32.5 to $50.0 in the last 30 days.
Dow Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DOW | CALL | SWEEP | BULLISH | 06/20/25 | $1.67 | $1.64 | $1.67 | $42.50 | $55.2K | 3.8K | 506 |
| DOW | CALL | TRADE | BEARISH | 06/20/25 | $2.83 | $2.77 | $2.77 | $40.00 | $48.4K | 1.3K | 204 |
| DOW | PUT | TRADE | BULLISH | 06/20/25 | $2.66 | $2.62 | $2.62 | $37.50 | $46.3K | 4.6K | 395 |
| DOW | CALL | TRADE | BEARISH | 06/20/25 | $1.85 | $1.81 | $1.81 | $42.50 | $31.8K | 3.8K | 737 |
| DOW | PUT | SWEEP | BEARISH | 01/17/25 | $3.2 | $3.15 | $3.18 | $42.50 | $31.8K | 2.2K | 113 |
About Dow
Dow Chemical is a diversified global chemicals producer, formed in 2019 as a result of the DowDuPont merger and subsequent separations. The firm is a leading producer of several chemicals, including polyethylene, ethylene oxide, and silicone rubber. Its products have numerous applications in both consumer and industrial end markets.
Having examined the options trading patterns of Dow, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of Dow
- With a volume of 5,383,632, the price of DOW is up 2.53% at $39.48.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 17 days.
What The Experts Say On Dow
5 market experts have recently issued ratings for this stock, with a consensus target price of $48.0.
Unusual Options Activity Detected: Smart Money on the Move
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* An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on Dow, which currently sits at a price target of $46.
* An analyst from Evercore ISI Group upgraded its action to Outperform with a price target of $56.
* Reflecting concerns, an analyst from Piper Sandler lowers its rating to Neutral with a new price target of $53.
* Consistent in their evaluation, an analyst from Citigroup keeps a Neutral rating on Dow with a target price of $41.
* An analyst from RBC Capital persists with their Sector Perform rating on Dow, maintaining a target price of $44.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Dow options trades with real-time alerts from Benzinga Pro.
Overview Rating:
Speculative
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