Deep-pocketed investors have adopted a bearish approach towards ARM Holdings (NASDAQ:ARM), 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 ARM usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 79 extraordinary options activities for ARM Holdings. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 45% leaning bullish and 46% bearish. Among these notable options, 30 are puts, totaling $2,068,416, and 49 are calls, amounting to $10,279,034.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $70.0 to $160.0 for ARM Holdings during the past quarter.

Volume & Open Interest Trends

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 ARM Holdings'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 ARM Holdings's whale trades within a strike price range from $70.0 to $160.0 in the last 30 days.

ARM Holdings Option Volume And Open Interest Over Last 30 Days

Noteworthy Options Activity:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
ARM	CALL	TRADE	BULLISH	02/20/26	$42.55	$38.95	$41.13	$70.00	$5.6M	37	1.3K
ARM	CALL	TRADE	BULLISH	06/18/26	$3.5	$2.95	$3.45	$160.00	$1.7M	724	5.0K
ARM	PUT	SWEEP	BEARISH	06/18/26	$11.4	$11.35	$11.35	$105.00	$387.5K	7.4K	654
ARM	PUT	SWEEP	BEARISH	06/18/26	$11.6	$11.4	$11.6	$105.00	$332.9K	7.4K	954
ARM	PUT	TRADE	BEARISH	01/15/27	$36.0	$34.65	$36.0	$135.00	$234.0K	510	65

About ARM Holdings

Arm Holdings is the IP owner and developer of the ARM architecture, which is used in 99% of the world's smartphone CPU cores, and it also has high market share in other battery-powered devices like wearables, tablets, or sensors. Arm licenses its architecture for a fee, offering different types of licenses depending on the flexibility the customer needs. Customers like Apple or Qualcomm buy architectural licenses, which allow them to modify the architecture and add or delete instructions to tailor the chips to their specific needs. Other clients directly buy off-the-shelf designs from Arm. Both off-the-shelf and architectural customers pay a royalty fee per chip shipped.

In light of the recent options history for ARM Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.

ARM Holdings's Current Market Status

• With a volume of 14,336,941, the price of ARM is up 7.24% at $112.49.
• RSI indicators hint that the underlying stock may be approaching overbought.
• Next earnings are expected to be released in 90 days.

Professional Analyst Ratings for ARM Holdings

A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $154.0.

• In a cautious move, an analyst from RBC Capital downgraded its rating to Outperform, setting a price target of $140.
• Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on ARM Holdings with a target price of $135.
• Maintaining their stance, an analyst from UBS continues to hold a Buy rating for ARM Holdings, targeting a price of $175.
• An analyst from Wells Fargo has decided to maintain their Overweight rating on ARM Holdings, which currently sits at a price target of $160.
• Consistent in their evaluation, an analyst from Mizuho keeps a Outperform rating on ARM Holdings with a target price of $160.

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.