QuantumScape Options Trading: A Deep Dive into Market Sentiment – QuantumScape (NYSE:QS)

High-rolling investors have positioned themselves bullish on QuantumScape QS, and it’s important for retail traders to take note.
\This activity came to our attention today through Benzinga’s tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in QS often signals that someone has privileged information.

Today, Benzinga’s options scanner spotted 8 options trades for QuantumScape. This is not a typical pattern.

The sentiment among these major traders is split, with 100% bullish and 0% bearish. Among all the options we identified, there was one put, amounting to $27,500, and 7 calls, totaling $234,572.

What’s The Price Target?

After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $7.5 and $7.5 for QuantumScape, spanning the last three months.

Insights into Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for QuantumScape’s options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of QuantumScape’s whale activity within a strike price range from $7.5 to $7.5 in the last 30 days.

QuantumScape 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
QS CALL SWEEP BULLISH 01/17/25 $7.50 $35.0K 11.9K 1.0K
QS CALL SWEEP BULLISH 01/17/25 $7.50 $35.0K 11.9K 886
QS CALL SWEEP BULLISH 01/17/25 $7.50 $35.0K 11.9K 686
QS CALL SWEEP BULLISH 01/17/25 $7.50 $34.8K 11.9K 1.5K
QS CALL SWEEP BULLISH 01/17/25 $7.50 $34.6K 11.9K 486

About QuantumScape

QuantumScape Corp is engaged in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles. It developed an anode-less cell design, which delivers high energy density while lowering material costs and simplifying manufacturing.

Following our analysis of the options activities associated with QuantumScape, we pivot to a closer look at the company’s own performance.

Current Position of QuantumScape

  • Trading volume stands at 2,717,870, with QS’s price down by -1.51%, positioned at $6.51.
  • RSI indicators show the stock to be is currently neutral between overbought and oversold.
  • Earnings announcement expected in 26 days.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest QuantumScape options trades with real-time alerts from Benzinga Pro.

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