Whales with a lot of money to spend have taken a noticeably bullish stance on Tempus AI.
Looking at options history for Tempus AI (NASDAQ:TEM) we detected 14 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 35% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $61,350 and 12, calls, for a total amount of $546,061.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $30.0 to $115.0 for Tempus AI over the last 3 months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Tempus AI options trades today is 636.46 with a total volume of 2,467.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Tempus AI’s big money trades within a strike price range of $30.0 to $115.0 over the last 30 days.
Tempus AI Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
About Tempus AI
Tempus AI Inc is a technology company. It has built the Tempus Platform, which comprises both a technology platform to free healthcare data from silos and an operating system to make the resulting data useful. Its Intelligent Diagnostics use AI, including generative AI, to make laboratory tests more accurate, tailored, and personal.
Following our analysis of the options activities associated with Tempus AI, we pivot to a closer look at the company’s own performance.
Tempus AI’s Current Market Status
- With a volume of 6,242,314, the price of TEM is up 5.76% at $58.01.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 5 days.
What The Experts Say On Tempus AI
2 market experts have recently issued ratings for this stock, with a consensus target price of $79.5.
- Reflecting concerns, an analyst from Baird lowers its rating to Outperform with a new price target of $59.
- An analyst from Mizuho has revised its rating downward to Outperform, adjusting the price target to $100.
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.
