Deep-pocketed investors have adopted a bearish approach towards Block XYZ, and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in XYZ usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga’s options scanner highlighted 17 extraordinary options activities for Block. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 41% leaning bullish and 47% bearish. Among these notable options, 5 are puts, totaling $634,012, and 12 are calls, amounting to $898,904.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $40.0 to $75.0 for Block during the past quarter.
Analyzing Volume & Open Interest
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 Block’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 Block’s whale activity within a strike price range from $40.0 to $75.0 in the last 30 days.
Block 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| XYZ | PUT | SWEEP | NEUTRAL | 09/19/25 | $6.15 | $6.05 | $6.15 | $50.00 | $369.0K | 1.9K | 603 |
| XYZ | CALL | SWEEP | BEARISH | 09/19/25 | $12.2 | $12.1 | $12.1 | $40.00 | $168.1K | 214 | 145 |
| XYZ | CALL | TRADE | BULLISH | 06/20/25 | $3.5 | $3.45 | $3.5 | $50.00 | $148.0K | 4.5K | 1.2K |
| XYZ | PUT | SWEEP | BEARISH | 07/18/25 | $2.0 | $1.87 | $2.0 | $45.00 | $120.0K | 2.5K | 603 |
| XYZ | CALL | TRADE | BULLISH | 12/18/26 | $19.2 | $18.9 | $19.2 | $40.00 | $99.8K | 795 | 270 |
About Block
Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2024, Square’s payment volume was almost USD 250 million.
Having examined the options trading patterns of Block, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Block’s Current Market Status
- Trading volume stands at 6,636,978, with XYZ’s price up by 0.4%, positioned at $48.14.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 84 days.
What Analysts Are Saying About Block
5 market experts have recently issued ratings for this stock, with a consensus target price of $67.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge’s Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
* An analyst from Canaccord Genuity persists with their Buy rating on Block, maintaining a target price of $80.
* An analyst from Wells Fargo has revised its rating downward to Equal-Weight, adjusting the price target to $50.
* An analyst from Keefe, Bruyette & Woods persists with their Outperform rating on Block, maintaining a target price of $70.
* An analyst from Stephens & Co. has decided to maintain their Overweight rating on Block, which currently sits at a price target of $75.
* Consistent in their evaluation, an analyst from Keybanc keeps a Overweight rating on Block with a target price of $60.
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 Block with Benzinga Pro for real-time alerts.
