Financial titans have made a strikingly bullish move on Builders FirstSource. Our scrutiny of the options history for Builders FirstSource revealed 8 atypical trades.
Intriguingly, 62% of traders exhibited bullish inclinations, with 37% leaning towards a bearish sentiment. Of all the trades unearthed, 4 were puts, amounting to $248,630, and 4 were calls, valued at $306,500.
Projections for Price Targets
Gauging the Volume and Open Interest in these contracts, it appears that significant players have set their sights on a price bracket from $180.0 to $210.0 for Builders FirstSource in the previous quarter.
Development in Volume & Open Interest
Examining the volume and open interest provides valuable insights for stock due diligence.
This data aids in monitoring the liquidity and interest surrounding Builders FirstSource’s options at specific strike prices.
Below, we can witness the progression of the volume and open interest for calls and puts, respectively, for all of Builders FirstSource’s prominent activity within the $180.0 to $210.0 strike price range over the last 30 days.
Builders FirstSource Call and Put Volume: 30-Day Overview
Identified Significant Options Trades
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BLDR | PUT | TRADE | BULLISH | 06/20/25 | $23.3 | $21.7 | $22.2 | $185.00 | $130.9K | 0 | 73 |
| BLDR | CALL | TRADE | BEARISH | 01/17/25 | $21.9 | $21.4 | $21.4 | $180.00 | $107.0K | 251 | 51 |
| BLDR | CALL | SWEEP | BEARISH | 01/17/25 | $19.5 | $19.1 | $19.1 | $180.00 | $95.5K | 251 | 105 |
| BLDR | CALL | TRADE | BULLISH | 11/15/24 | $3.6 | $3.2 | $3.5 | $210.00 | $70.0K | 1.2K | 322 |
| BLDR | PUT | TRADE | BEARISH | 06/20/25 | $22.6 | $21.7 | $22.4 | $185.00 | $58.2K | 0 | 99 |
About Builders FirstSource
Builders FirstSource Inc is a manufacturer and supplier of building materials. The company offers a variety of structural and related building products like factory-built roof and floor trusses, wall panels, stairs, vinyl windows, custom millwork, trim, and engineered wood. These products are tailored for each home and installed by Builders FirstSource. Additionally, the company provides construction-related services including professional installation, turn-key framing, and shell construction. Builders FirstSource caters to a broad spectrum of customers from large production builders to small custom homebuilders.
Given the recent options activity surrounding Builders FirstSource, it’s pertinent to delve into the company’s current performance.
Current Market Position of Builders FirstSource
- With a trading volume of 784,632, BLDR’s price has retreated by -5.19%, now standing at $184.85.
- Current RSI readings suggest that the stock may be nearing oversold territory.
- The upcoming earnings report is slated for 15 days from today.
Insights from Analysts on Builders FirstSource
Four market analysts have recently shared their ratings on this stock, with a consensus target price of $220.25.
Uncommon Options Activity Identified: Smart Money in Motion
An analyst from Jefferies maintains their Buy rating on Builders FirstSource, holding onto a target price of $223. In a cautious move, a Goldman Sachs analyst downgraded the rating to Buy, setting a target of $225. Echoing their sentiment, an analyst from Barclays persists with an Overweight rating, targeting a price of $211, while a Baird analyst remains bullish with an Outperform rating and a target price of $222.
Options trading entails heightened risks and rewards. Astute traders navigate these risks through continuous education, adaptable strategies, monitoring various indicators, and staying vigilant of market shifts. Stay updated on the latest Builders FirstSource options trades with real-time alerts from Benzinga Pro.
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