Toll Brothers' Latest Options Trends: A Deep Dive into Investor Sentiment

Toll Brothers has seen significant options activity from deep-pocketed investors, with a bearish approach. The general mood is divided, with 10% bullish and 50% bearish. The volume and open interest data suggest whales have been targeting a price range from $65.0 to $165.0. The largest options trades observed include a PUT trade with a total trade price of $686.8K and a CALL trade with a total trade price of $50.8K. Toll Brothers operates in over 60 markets across 24 states and is the leading luxury homebuilder in the US. The trading volume stands at 804,960, with the price up by 1.9% at $128.99. RSI indicators suggest the stock may be overbought. Earnings announcement expected on August 24.

Toll Brothers Inc. (TOL) has witnessed significant options activity from deep-pocketed investors, with a predominantly bearish outlook. According to data from Benzinga, the company's options scanner highlighted 10 extraordinary options activities for Toll Brothers, with 10% of investors leaning bullish and 50% bearish. Among these notable trades, 2 are puts totaling $712,475, and 8 are calls amounting to $268,402 [1].

The volume and open interest data suggest that whales have been targeting a price range from $65.0 to $165.0 for Toll Brothers over the last three months. The largest options trades observed include a PUT trade with a total trade price of $686,800 and a CALL trade with a total trade price of $50,800 [1].

Toll Brothers, the leading luxury homebuilder in the United States, operates in over 60 markets across 24 states. The company's trading volume stands at 804,960, with the stock price up by 1.9% at $128.99. Relative Strength Index (RSI) indicators suggest that the stock may be overbought. An earnings announcement is expected on August 24 [1].

Market experts have varying opinions on Toll Brothers. An analyst from Seaport Global has elevated its stance to Buy, setting a new price target at $161. An analyst from Wells Fargo maintains an Overweight rating with a target price of $135, while another analyst from Wells Fargo also keeps an Overweight rating with a target price of $130 [1].

Recent insider selling activities at Toll Brothers have been minimal, with no specific transactions reported. However, significant insider selling has been observed at other companies such as Incyte Corporation, Levi Strauss & Co., Paychex Inc., and Aehr Test Systems Inc. [2].

The recent options activity and insider selling suggest a cautious outlook on Toll Brothers' near-term prospects. Investors should remain vigilant and analyze these transactions alongside other indicators to make informed decisions.

References:
[1] https://www.benzinga.com/insights/options/25/07/46582282/behind-the-scenes-of-toll-brotherss-latest-options-trends
[2] https://www.ainvest.com/news/insider-selling-activity-incyte-levi-strauss-toll-brothers-paychex-aehr-test-systems-2507/