A Closer Look at Celestica's Options Market Dynamics

Benzinga's options scanner has recently detected over 14 option transactions involving Celestica (NYSE: CLS) that collectively amount to a significant total of $566,975. At the same time, our analytical tools observed 8 put options, which carry a worth of $272,605.

Projected Price Targets

Analyzing the trading volumes and open interest provides insight into market dynamics. The data indicates that major market players are concentrating their efforts on a target price range between $130.00 and $180.00 for Celestica over the last three months.

Volume & Open Interest Development

Monitoring volume and open interest is a key strategy in options trading. This information is instrumental in assessing liquidity and interest in Celestica's options across various strike prices. The table below illustrates the trends in volume and open interest for both call and put options associated with Celestica's notable trades, specifically within the strike price range of $130.00 to $180.00 over the last 30 days.

Celestica Option Volume And Open Interest Over Last 30 Days

Noteworthy Options Activity:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
CLS	CALL	SWEEP	BULLISH	03/21/25	$8.6	$8.3	$8.6	$130.00	$199.5K	1.3K	338
CLS	CALL	SWEEP	BEARISH	06/20/25	$6.6	$6.5	$6.5	$180.00	$114.4K	361	181
CLS	PUT	TRADE	BULLISH	01/16/26	$58.0	$55.5	$55.5	$165.00	$44.4K	4	8
CLS	PUT	TRADE	BULLISH	09/19/25	$39.5	$39.0	$39.0	$150.00	$42.9K	11	12
CLS	CALL	TRADE	BEARISH	06/20/25	$7.1	$6.3	$6.6	$180.00	$41.5K	361	334

About Celestica

Celestica Inc provides supply chain solutions and operates through two main segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). The ATS segment includes various markets such as Aerospace and Defense, Industrial, Health Tech, and Capital Equipment. Meanwhile, the CCS segment encompasses Communications and Enterprise markets which include businesses related to servers and storage. The majority of the company’s revenue is generated from the Connectivity & Cloud Solutions segment.

Celestica's Current Market Status

• With a recent trading volume of 2,090,984, the CLS share price has fallen by 2.23%, landing at $127.32.
• Current RSI indicates that the stock may be nearing overbought conditions.
• The next earnings report is anticipated in 71 days.

Professional Analyst Ratings for Celestica

In the last 30 days, 4 professional analysts have offered insights on this stock, providing an average price target of $136.5.

Turn $1000 into $1270 in just 20 days?

A 20-year veteran options trader has shared a straightforward chart technique helpful for determining optimal buy and sell times. Following his trades, which have yielded an average profit of 27% every 20 days, may be beneficial. Click here for access. * Analysts from Barclays maintain an Overweight rating on Celestica with a target price of $139. Similarly, RBC Capital has given an Outperform rating with a price target of $140. An additional analyst from the same firm upholds their Outperform rating, projecting a price target of $160. Another analyst at TD Securities is holding a Buy rating, setting a target at $107.

Options trading often comes with higher risks compared to conventional stock trading, but it can also present greater profit opportunities. Experienced options traders often mitigate this risk by continuously educating themselves, strategically entering and exiting trades, monitoring multiple indicators, and staying current with market trends.

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