Find out what whales are doing with TEAM – Atlassian Corp (NASDAQ:TEAM)

Someone with a lot of money to spend has taken a bullish stance on Atlassian Corporation CREW.

And retailers should know that.

We noticed this today when the large position appeared on the history of publicly available options that we track here at Benzinga.

Whether it is an institution or just a wealthy individual, we don’t know. But when something this big happens with TEAM, it often means someone knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga’s options scanner spotted 10 unusual options trades for Atlassian Corp.

It is not normal.

The general sentiment of these big traders is split between 60% bullish and 40% bearish.

Of all the special options we discovered, 3 are put options, totaling $384,830, and 7 are call options, totaling $1,513,735.

What is the target price?

Given the volume and open interest on these contracts, it appears whales have been targeting a price range of $165.0-$320.0 for Atlassian Corp over the past 3 months.

Development of volume and open interest

Watching volume and open interest is a powerful move when trading options. This data can help you track the liquidity and interest of Atlassian Corp’s options for a given strike price. Below, we can observe the evolution of call volume and open interest and put options, respectively, for all Atlassian Corp whale trades within a strike price range of 165, $0 to $320.0 in the last 30 days.

Atlassian Corp Options Volume and Open Interest in the Last 30 Days

The biggest options spotted:









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
CREW CALL TRADE BULLISH 03/17/23 $250.00 $1.1M 8 6
CREW PUT TRADE BEARISH 01/17/25 $165.00 $315,000 88 88
CREW CALL TRADE BULLISH 01/17/25 $320.00 $153.7,000 0 31
CREW CALL TRADE BULLISH 01/19/24 $320.00 $76.5,000 27 30
CREW CALL TRADE BEARISH 03/17/23 $250.00 $57,100 8 439









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
CREW CALL TRADE BULLISH 03/17/23 $250.00 $1.1M 8 6
CREW PUT TRADE BEARISH 01/17/25 $165.00 $315,000 88 88
CREW CALL TRADE BULLISH 01/17/25 $320.00 $153.7,000 0 31
CREW CALL TRADE BULLISH 01/19/24 $320.00 $76.5,000 27 30
CREW CALL TRADE BEARISH 03/17/23 $250.00 $57,100 8 439

Where is Atlassian Corp now?

  • With a volume of 884,081, the price of TEAM is down -4.22% to $222.5.
  • RSI indicators suggest that the underlying stock may be oversold.
  • The next results should be published in 35 days.

Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.

If you want to stay informed about the latest options trades for Atlassian Corp, Benzinga Pro gives you real-time options trade alerts.

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