Investors Pile into Equitable Holdings Ahead of Earnings Report

Are Options Traders Betting on a Big Move in Equitable Holdings (EQH) Stock?

Equitable Holdings (EQH) has seen a significant increase in options trading activity over the past week, which could be a sign that traders are betting on a big move in the company's stock.

According to data from Zacks, the total daily volume of options traded on EQH has more than doubled over the past seven days, with the majority of the activity being concentrated in the near-term options. This suggests that traders are looking to make a quick profit from a potential move in the company's stock, rather than holding onto the stock for the long haul.

One of the most popular options contracts on EQH is the January 2024 $25 call option, which has seen a significant increase in trading activity over the past week. This contract has a strike price of $25, which is above the current market price of EQH's stock, suggesting that traders are betting on the company's stock to rise in value over the next several months.

Other popular options contracts on EQH include the January 2024 $27.50 call option and the January 2024 $30 call option. These contracts have also seen a significant increase in trading activity over the past week, suggesting that traders are looking to make a quick profit from a potential move in the company's stock.

It's worth noting that options trading activity can be influenced by a variety of factors, including market sentiment, economic trends, and company-specific news. Therefore, it's always important to do your own research and consider your own risk tolerance before making any investment decisions.

In the case of EQH, the company has been experiencing a significant increase in its stock price over the past several months, which could be contributing to the increased options trading activity. EQH is a leading provider of financial services and insurance products, and its stock has been driven higher by strong earnings growth and a improving outlook for the company's business.

Overall, the increased options trading activity on EQH could be a sign that traders are betting on a big move in the company's stock, but it's always important to do your own research and consider your own risk tolerance before making any investment decisions.