Benzinga’s latest options scanner has just flagged over 9 options trades for Beyond Meat (BYND), totaling a hefty $459,745. Simultaneously, our algorithm caught 7 trades worth $442,745.
Assessing the Price Target
Considering the combined Volume and Open Interest on these contracts, it’s clear that market whales have been eyeing a price range of $6.0 to $20.0 for Beyond Meat over the past 3 months.
Volume & Open Interest Insights
Amidst today’s trading, the average open interest for Beyond Meat options stands at 797.6, with a total volume reaching 1,477.00. The following chart illustrates the evolution of call and put option volume and open interest for high-value trades in Beyond Meat within the strike price range from $6.0 to $20.0 over the last 30 days.
30-Day Overview of Beyond Meat Call and Put Volume
Noteworthy Options Trades Observed
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| BYND | PUT | SWEEP | BULLISH | 01/16/26 | $10.00 | $73.0K | 105 | 206 |
| BYND | PUT | SWEEP | BEARISH | 01/16/26 | $10.00 | $73.0K | 105 | 410 |
| BYND | PUT | SWEEP | BULLISH | 01/16/26 | $10.00 | $73.0K | 105 | 100 |
| BYND | PUT | SWEEP | BULLISH | 12/19/25 | $10.00 | $72.2K | 400 | 111 |
| BYND | PUT | TRADE | BULLISH | 01/16/26 | $8.00 | $64.3K | 838 | 111 |
About Beyond Meat
Beyond Meat Inc is a provider of plant-based meats including burgers, sausage, ground beef, and chicken. Unlike other vegetarian products, Beyond Meat aims to replicate the appearance, texture, and taste of meat, appealing to both omnivores and vegetarians. The products are widely available across the U.S., Canada, and in 83 additional countries. International revenue represented 31% of 2021 sales. The company’s products are available in retail stores and in the food service channel. In 2019, sales were evenly split between these channels, but the mix changed to 70% retail/30% food service in 2021. The recovery from the pandemic and new deals with McDonald’s and Yum Brands are expected to bring food-service sales back to 50% in the future.
Current Position of Beyond Meat
- Trading volume stands at 1,578,583, with BYND’s price up by 0.14%, positioned at $7.33.
- RSI indicators suggest the stock may be oversold.
- An earnings announcement is expected in 31 days.
Trading options involves higher risks but also offers the potential for greater profits. Seasoned traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Stay informed about the latest options trades for Beyond Meat with Benzinga Pro for real-time alerts.