Loading... Loading... Investors with a lot of money to spend have taken a bearish stance on RH RH . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with RH, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga 's options scanner spotted 20 uncommon options trades for RH. This isn't normal. The overall sentiment of these big-money traders is split between 25% bullish and 75%, bearish. Out of all of the special options we uncovered, 7 are puts, for a total amount of $388,039, and 13 are calls, for a total amount of $642,961. Predicted Price Range Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $280.0 to $350.0 for RH over the recent three months. Insights into Volume & Open Interest Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for RH'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 RH's whale trades within a strike price range from $280.0 to $350.0 in the last 30 days. RH Call and Put Volume: 30-Day Overview Loading... Loading... Largest Options Trades Observed: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume RH PUT SWEEP BULLISH 04/12/24 $24.4 $23.6 $23.6 $300.00 $141.6K 365 100 RH CALL TRADE BEARISH 09/20/24 $23.3 $22.6 $22.7 $320.00 $113.5K 87 0 RH CALL SWEEP BULLISH 08/16/24 $24.7 $24.1 $24.1 $300.00 $96.7K 126 0 RH CALL SWEEP BULLISH 04/19/24 $5.4 $5.3 $5.4 $285.00 $78.8K 41 0 RH PUT TRADE BEARISH 04/12/24 $18.6 $18.1 $18.6 $295.00 $55.8K 138 40 About RH RH is a luxury retailer operating in the $143 billion domestic furniture and home furnishing industry. The firm offers merchandise across many categories including furniture, lighting, textiles, bath, decor, children, and is growing the presence of its hospitality business (with 15 restaurant locations). RH innovates, curates, and integrates products, categories, services, and businesses across channels and brand extensions (RH Teen, RH Modern, and Waterworks, for example). RH is fully integrated across store, Web, and catalog channels, and is positioned to broaden its total addressable market over the next decade with its World of RH digital platform (highlighting offerings outside of home furnishings), along with future offerings in color, bespoke furniture, architeture, media, and more. In light of the recent options history for RH, it's now appropriate to focus on the company itself. We aim to explore its current performance. Where Is RH Standing Right Now? With a volume of 345,463, the price of RH is up 0.01% at $278.32. RSI indicators hint that the underlying stock is currently neutral between overbought and oversold. Next earnings are expected to be released in 45 days. Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely. If you want to stay updated on the latest options trades for RH, Benzinga Pro gives you real-time options trades alerts. Loading... Loading...