Investors with a lot of money to spend have taken a bullish stance on Coherent (NYSE:COHR).
And retail traders should know.
We noticed this today when the positions 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 COHR, it often means somebody knows something is about to happen.
Today, Benzinga’s options scanner spotted 8 options trades for Coherent.
This isn’t normal.
The overall sentiment of these big-money traders is split between 50% bullish and 12%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $44,160, and 7, calls, for a total amount of $798,850.
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 $200.0 for Coherent during the past quarter.
Insights into 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 Coherent’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 Coherent’s whale activity within a strike price range from $40.0 to $200.0 in the last 30 days.
Coherent Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| COHR | CALL | TRADE | NEUTRAL | 02/20/26 | $67.6 | $64.2 | $66.21 | $130.00 | $331.0K | 5 | 0 |
| COHR | CALL | TRADE | BULLISH | 03/20/26 | $149.4 | $147.6 | $149.4 | $40.00 | $149.4K | 4 | 10 |
| COHR | CALL | TRADE | BEARISH | 03/20/26 | $23.5 | $22.2 | $22.2 | $200.00 | $111.0K | 976 | 1 |
| COHR | CALL | TRADE | NEUTRAL | 02/27/26 | $30.6 | $27.3 | $28.95 | $180.00 | $86.8K | 32 | 30 |
| COHR | CALL | TRADE | BULLISH | 01/30/26 | $24.0 | $21.7 | $24.0 | $175.00 | $60.0K | 77 | 25 |
About Coherent
Coherent Corp engaged in materials, networking, and lasers, is a vertically integrated manufacturing company that develops, manufactures, and markets engineered materials, optoelectronic components and devices, and lasers for use in the industrial, communications, electronics and instrumentation markets. The firm operates in three segments Networking, Materials, and Lasers Segment. It generates maximum revenue from Networking segment. The company geographically operates in North America. Europe, China, Japan and Rest of the world.
Following our analysis of the options activities associated with Coherent, we pivot to a closer look at the company’s own performance.
Coherent’s Current Market Status
- Trading volume stands at 578,562, with COHR’s price up by 2.1%, positioned at $189.07.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 22 days.
What The Experts Say On Coherent
In the last month, 1 experts released ratings on this stock with an average target price of $180.0.
- Maintaining their stance, an analyst from Morgan Stanley continues to hold a Equal-Weight rating for Coherent, targeting a price of $180.
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.
