Could ASML Holding NV (ADR) Change Direction After Today’s Bearish Options Activity?

 Could ASML Holding NV (ADR) Change Direction After Today's Bearish Options Activity?

In today’s session ASML Holding NV (ADR) (ASML) recorded an unusually high (1,498) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious ASML decrease. With 1,498 contracts traded and 4304 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: ASML161118P00100000 closed last at: $1 or 16.7% down. About 538,014 shares traded hands. ASML Holding NV (ADR) (NASDAQ:ASML) has risen 4.42% since March 30, 2016 and is uptrending. It has outperformed by 1.41% the S&P500.

ASML Holding NV (ADR) (NASDAQ:ASML) Ratings Coverage

Out of 13 analysts covering ASML Holding NV (NASDAQ:ASML), 4 rate it a “Buy”, 1 “Sell”, while 8 “Hold”. This means 31% are positive. ASML Holding NV has been the topic of 16 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was upgraded by Berenberg on Friday, August 28 to “Buy”. B. Riley & Co maintained ASML Holding NV (ADR) (NASDAQ:ASML) rating on Thursday, January 21. B. Riley & Co has “Neutral” rating and $89 price target. The rating was downgraded by BNP Paribas on Thursday, March 31 to “Underperform”. The firm earned “Neutral” rating on Wednesday, August 17 by Bank of America. As per Friday, January 22, the company rating was upgraded by Deutsche Bank. The stock of ASML Holding NV (ADR) (NASDAQ:ASML) earned “Sector Perform” rating by RBC Capital Markets on Thursday, July 21. As per Thursday, April 21, the company rating was maintained by Credit Suisse. The company was initiated on Thursday, March 17 by RBC Capital Markets. The stock has “Neutral” rating given by Susquehanna on Tuesday, April 19. As per Tuesday, December 15, the company rating was initiated by Morgan Stanley.

According to Zacks Investment Research, “ASML is a world leader in the manufacture of advanced technology systems for the semiconductor industry. The company offers an integrated portfolio for manufacturing complex integrated circuits. ASML designs, develops, integrates, markets and services advanced systems used by customers the major global semiconductor manufacturers to create chips that power a wide array of electronic, communications and information technology products.”

ASML Holding N.V. is a holding company. The company has a market cap of $45.28 billion. The Firm is a maker of chip-making equipment. It has a 32.64 P/E ratio. The Firm is engaged in the development, production, marketing, selling and servicing of advanced semiconductor equipment systems, exclusively consisting of lithography systems.

ASML Company Profile

ASML Holding N.V., incorporated on October 3, 1994, is a holding company. The Firm is a maker of chip-making equipment. The Firm is engaged in the development, production, marketing, selling and servicing of advanced semiconductor equipment systems, exclusively consisting of lithography systems. The Company’s products include systems and system related products. The Company’s principal activities are in the Netherlands, the United States and Asia.

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