Whales with a lot of money to spend have taken a noticeably bullish stance on Synopsys.
Looking at options history for Synopsys SNPS we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 22% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $59,740 and 7, calls, for a total amount of $280,650.
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 $360.0 and $610.0 for Synopsys, spanning the last three months.
Volume & Open Interest Development
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 Synopsys'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 Synopsys's whale activity within a strike price range from $360.0 to $610.0 in the last 30 days.
Synopsys 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 |
---|---|---|---|---|---|---|---|---|---|---|---|
SNPS | CALL | SWEEP | BULLISH | 09/19/25 | $35.1 | $34.2 | $35.1 | $480.00 | $77.2K | 144 | 63 |
SNPS | CALL | TRADE | NEUTRAL | 09/19/25 | $36.0 | $33.6 | $34.8 | $480.00 | $41.7K | 144 | 60 |
SNPS | CALL | TRADE | NEUTRAL | 09/19/25 | $36.0 | $33.5 | $34.8 | $480.00 | $34.8K | 144 | 40 |
SNPS | CALL | TRADE | NEUTRAL | 09/19/25 | $36.0 | $33.2 | $34.8 | $480.00 | $34.8K | 144 | 10 |
SNPS | CALL | TRADE | BEARISH | 09/19/25 | $112.0 | $109.1 | $109.1 | $360.00 | $32.7K | 0 | 3 |
About Synopsys
Synopsys is a provider of electronic design automation software and intellectual property products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Synopsys' comprehensive portfolio is benefiting from a convergence of semiconductor companies moving up the stack of technologies toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.
Having examined the options trading patterns of Synopsys, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Synopsys's Current Market Status
- With a volume of 391,603, the price of SNPS is down -0.85% at $446.08.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 55 days.
What Analysts Are Saying About Synopsys
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $607.67.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Wells Fargo persists with their Equal-Weight rating on Synopsys, maintaining a target price of $520. * An analyst from Piper Sandler has decided to maintain their Overweight rating on Synopsys, which currently sits at a price target of $653. * An analyst from Needham has revised its rating downward to Buy, adjusting the price target to $650.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Synopsys with Benzinga Pro for real-time alerts.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.