Whales with a lot of money to spend have taken a noticeably bullish stance on Spotify Technology.
Looking at options history for Spotify Technology (NYSE:SPOT) we detected 12 trades.
If we consider the specifics of each trade, it is accurate to state that 41% of the investors opened trades with bullish expectations and 41% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $385,290 and 7, calls, for a total amount of $345,797.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $350.0 to $627.5 for Spotify Technology over the recent three months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Spotify Technology options trades today is 230.0 with a total volume of 221.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Spotify Technology’s big money trades within a strike price range of $350.0 to $627.5 over the last 30 days.
Spotify Technology Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SPOT | PUT | TRADE | BULLISH | 06/20/25 | $12.55 | $11.7 | $11.7 | $460.00 | $234.0K | 498 | 0 |
| SPOT | CALL | TRADE | BEARISH | 03/28/25 | $10.0 | $6.15 | $7.5 | $627.50 | $75.0K | 13 | 106 |
| SPOT | PUT | TRADE | NEUTRAL | 07/18/25 | $62.35 | $59.15 | $61.0 | $610.00 | $61.0K | 106 | 10 |
| SPOT | CALL | TRADE | BEARISH | 06/20/25 | $55.6 | $52.9 | $52.9 | $620.00 | $52.9K | 109 | 10 |
| SPOT | CALL | TRADE | NEUTRAL | 04/17/25 | $76.05 | $70.6 | $73.65 | $540.00 | $51.5K | 499 | 7 |
About Spotify Technology
Spotify is the leading global music streaming service provider, with nearly 700 million monthly active users and over 250 million paying subscribers, with the latter comprising the firm’s premium segment. most of the firm’s revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a very comprehensive music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog but cannot customize a similar on-demand experience.
Following our analysis of the options activities associated with Spotify Technology, we pivot to a closer look at the company’s own performance.
Current Position of Spotify Technology
- Trading volume stands at 66,656, with SPOT’s price up by 2.06%, positioned at $612.31.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 29 days.
Expert Opinions on Spotify Technology
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $675.0.
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* An analyst from Guggenheim downgraded its action to Buy with a price target of $675.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Spotify Technology with Benzinga Pro for real-time alerts.