Astera Labs (ALAB) Options Trading Volume Hits 23,080 Contracts, 52% of Daily Average
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6d ago
0mins
Source: NASDAQ.COM
- Active Options Trading: Astera Labs Inc (ALAB) saw options trading volume of 23,080 contracts today, representing approximately 2.3 million shares, which is about 52.1% of its average daily trading volume of 4.4 million shares over the past month, indicating strong market interest in its future performance.
- High Strike Call Options: Notably, the $200 strike call option expiring on January 23, 2026, has seen particularly high volume with 1,000 contracts traded today, equating to approximately 100,000 underlying shares, suggesting increased investor expectations for ALAB's stock price appreciation.
- lululemon Options Activity: Concurrently, lululemon athletica inc (LULU) has recorded an options trading volume of 18,928 contracts today, representing about 1.9 million shares, which is 51.7% of its average daily trading volume of 3.7 million shares over the past month, reflecting strong market activity for the stock.
- LULU Call Options Trading: The $240 strike call option expiring on March 20, 2026, has particularly high trading volume with 1,317 contracts traded today, representing approximately 131,700 underlying shares, indicating optimistic market sentiment regarding LULU's future growth.
Analyst Views on ALAB
Wall Street analysts forecast ALAB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ALAB is 191.54 USD with a low forecast of 80.00 USD and a high forecast of 225.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
12 Buy
4 Hold
0 Sell
Strong Buy
Current: 163.250
Low
80.00
Averages
191.54
High
225.00
Current: 163.250
Low
80.00
Averages
191.54
High
225.00
About ALAB
Astera Labs, Inc. is a global semiconductor company. The Company provides semiconductor-based connectivity solutions for cloud and artificial intelligence (AI) infrastructure. It has developed and deployed its Intelligent Connectivity Platform built from the ground up for cloud and AI infrastructure. Its Intelligent Connectivity Platform provides its customers with the ability to deploy and operate high-performance cloud and AI infrastructure at scale, addressing an increasingly diverse set of requirements. It provides its connectivity products in various form factors, including Integrated Circuits (ICs), boards, and modules. Its PCIe, CXL and Ethernet semiconductor-based connectivity solutions are purpose-built to unleash the potential of accelerated computing at cloud-scale. The Company’s products include Aries products, which include its COSMOS software suite; Taurus products, which are hardware modules based on its Taurus ICs; Leo products; and Scorpio products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
