Big investors are showing interest in Spotify Technology SPOT. This trend is something everyone in the market should pay attention to. Today, Benzinga’s options records revealed a spike in activity around Spotify, hinting that something significant might be on the horizon.
Our findings from Benzinga’s options scanner pointed out 49 unusual options transactions for Spotify. That’s a notable amount of activity.
The sentiment among these investors is mixed. About 36% are feeling positive about the stock, while another 36% are leaning negative. Out of the transactions, 5 involve puts amounting to $173,940, and 44 are calls, totaling $2,408,973.
What’s The Price Target?
Looking at the Volume and Open Interest of these options, it seems large investors are eyeing a price range between $360.0 and $840.0 for Spotify over the past three months.
Analyzing Volume & Open Interest
Today, the average open interest for Spotify options is 249.69, with a total volume of 3,673.00.
The following chart illustrates the changes in volume and open interest for big trades in Spotify options priced between $360.0 and $840.0 over the last 30 days.
Spotify Technology Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SPOT | CALL | TRADE | BEARISH | 06/20/25 | $130.4 | $127.5 | $127.5 | $520.00 | $191.2K | 226 | 16 |
| SPOT | CALL | SWEEP | BEARISH | 12/18/26 | $298.55 | $292.2 | $292.2 | $390.00 | $175.4K | 80 | 6 |
| SPOT | CALL | SWEEP | BEARISH | 03/21/25 | $22.9 | $22.1 | $22.1 | $640.00 | $97.2K | 107 | 69 |
| SPOT | CALL | TRADE | BEARISH | 04/17/25 | $98.15 | $94.45 | $95.75 | $540.00 | $95.7K | 367 | 10 |
| SPOT | CALL | SWEEP | BULLISH | 03/21/25 | $83.9 | $80.8 | $80.8 | $550.00 | $80.8K | 290 | 192 |
About Spotify Technology
Spotify is the top music streaming service worldwide. It boasts over 600 million users, with 250 million paying subscribers. Most of Spotify’s income comes from these subscribers who enjoy a vast library of popular songs. The service also offers audiobooks and podcasts through its app, providing a range of content for all users, whether they pay or use a free version supported by ads.
Where Is Spotify Technology Standing Right Now?
- SPOT’s current trading volume is 3,086,054, with a slight drop of -0.04%, bringing the price to $621.54.
- The stock is showing signs that it may be overbought.
- The next earnings report is set for 76 days from now.
What Analysts Are Saying About Spotify Technology
Five analysts recently shared their views on Spotify, with a common target price around $644.6.
Some Insights:
- An analyst from Benchmark downgraded its rating to “Buy,” with a target of $520.
- Rosenblatt decreased its rating to “Neutral,” targeting $658.
- Canaccord Genuity maintains a “Buy” rating with a price forecast of $700.
- Keybanc holds an “Overweight” rating, aiming for $675.
- Morgan Stanley also stays on “Overweight,” targeting $670.
Options trading carries risks but can lead to significant gains for informed traders. Keeping abreast of market trends and adjustments is key for anyone looking to engage in options trading.
Overview Rating:
Speculative
Market News and Data brought to you by Benzinga APIs
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Check out this related article: Unlocking Innovation at Scale: How The Aerospace Corporation Leverages Technology Transfer and Strategic Partnerships
Source link\PageIsBzPro: BZ\,\CMS: Drupal\,\category: Options\,\category: Markets\,\symbol: SPOT\,\tag: BZI-UOA\
Sports
Thibaut Courtois Claps Back at Simeone’s Remarks Following Atlético’s Champions League Exit: What You Need to Know!