This Is What Whales Are Betting On Spotify Technology
High-rolling investors have positioned themselves bullish on Spotify Technology (NYSE:SPOT), and it's important for retail traders to take note.
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in SPOT often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 16 options trades for Spotify Technology. This is not a typical pattern.
The sentiment among these major traders is split, with 43% bullish and 31% bearish. Among all the options we identified, there was one put, amounting to $67,096, and 15 calls, totaling $785,200.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $350.0 to $705.0 for Spotify Technology over the recent three months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Spotify Technology options trades today is 54.36 with a total volume of 97.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Spotify Technology's big money trades within a strike price range of $350.0 to $705.0 over the last 30 days.
Spotify Technology 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SPOT | CALL | SWEEP | BULLISH | 07/25/25 | $122.15 | $115.0 | $119.57 | $570.00 | $119.5K | 11 | 10 |
| SPOT | CALL | TRADE | NEUTRAL | 03/20/26 | $122.25 | $118.15 | $120.08 | $680.00 | $96.0K | 105 | 8 |
| SPOT | CALL | TRADE | BEARISH | 08/01/25 | $38.25 | $37.3 | $37.3 | $695.00 | $74.6K | 44 | 26 |
| SPOT | PUT | TRADE | BULLISH | 03/20/26 | $85.55 | $82.75 | $83.87 | $680.00 | $67.0K | 229 | 8 |
| SPOT | CALL | TRADE | BULLISH | 01/16/26 | $126.4 | $124.95 | $126.4 | $630.00 | $63.2K | 44 | 5 |
About Spotify Technology
Spotify is the leading global music streaming service provider, with nearly 700 million monthly active users and over 250 million paying subscribers, with the latter constituting the firm's premium segment. Most of the firm's revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog but cannot customize a similar on-demand experience.
Current Position of Spotify Technology
- With a trading volume of 496,724, the price of SPOT is up by 0.01%, reaching $681.5.
- Current RSI values indicate that the stock is may be approaching oversold.
- Next earnings report is scheduled for 4 days from now.
Expert Opinions on Spotify Technology
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $823.0.
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.
* Consistent in their evaluation, an analyst from Canaccord Genuity keeps a Buy rating on Spotify Technology with a target price of $850.
* An analyst from Morgan Stanley has decided to maintain their Overweight rating on Spotify Technology, which currently sits at a price target of $850.
* An analyst from Barclays persists with their Overweight rating on Spotify Technology, maintaining a target price of $800.
* An analyst from Benchmark has decided to maintain their Buy rating on Spotify Technology, which currently sits at a price target of $840.
* Consistent in their evaluation, an analyst from Goldman Sachs keeps a Buy rating on Spotify Technology with a target price of $775.
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. Stay informed about the latest Spotify Technology options trades with real-time alerts from Benzinga Pro.
