Etsy Option Alert: Mar 21 $55 Puts at the Bid: 4000 vs 3931 OI; Earnings 2/19 Before Open 

Etsy Option Alert: Mar 21 $55 Puts at the Bid: 4000 @ $3.2 vs 3931 OI; Earnings 2/19 Before Open Ref=$57.275

Etsy Option Alert: Jun 20 $45 Puts at the Bid: 3000 vs 4580 OI; Earnings 2/19 Before Open 

Etsy Option Alert: Jun 20 $45 Puts at the Bid: 3000 @ $1.84 vs 4580 OI; Earnings 2/19 Before Open Ref=$57.15

Etsy (NASDAQ:ETSY) 株価情報

Etsy

Etsy operates a top-10 e-commerce marketplace in the US and the UK, with sizable operations in Germany, France, Australia, and Canada. The firm dominates an interesting niche, connecting buyers and sellers through its online market to exchange vintage and craft goods. With $12.5 billion in 2024 consolidated gross merchandise volume, Etsy has cemented itself as one of the largest players in a quickly growing space, generating revenue from listing fees, commissions on sold items, advertising services, payment processing, and shipping labels. As of the end of 2024, the firm connected more than 95 million buyers and 8 million sellers on its marketplace properties: Etsy, Reverb (musical equipment), and Depop (clothing resale).

Etsy Inc

Canaccord Genuity analyst Maria Ripps maintains Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Buy and lowers the price target from $76 to $72.

News

Price Target

Analyst Ratings

ETSY

Canaccord Genuity Maintains Buy on Etsy, Lowers Price Target to $72

Citigroup analyst Nicholas Jones maintains Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Neutral and lowers the price target from $53 to $48.

Citigroup Maintains Neutral on Etsy, Lowers Price Target to $48

Stifel analyst Mark Kelley maintains Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Hold and lowers the price target from $51 to $45.

Stifel Maintains Hold on Etsy, Lowers Price Target to $45

Goldman Sachs analyst Eric Sheridan maintains Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Sell and lowers the price target from $45 to $35.

Goldman Sachs Maintains Sell on Etsy, Lowers Price Target to $35

Asset Sales

Etsy Entered Agreement To Sell Reverb Holdings, Inc., Its Musical Instrument Marketplace, To Reverb Intermediateco And And Creator Partners; No Financial Terms Disclosed

WIIM

BBWI

FIVE

JEWL

LEVI

OLLI

ULTA

URBN

Shares of retail, apparel and e-commerce stocks are trading higher. Some stocks in the sector may be higher amid hopes of a US-China trade deal. Additionally, discount store stocks could be benefitting from broader economic concerns. E-commerce stocks may also be up up Chinese discount retailers Temu and Shein planning to increase prices.

Morgan Stanley analyst Lauren Schenk maintains Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Underweight and lowers the price target from $44 to $40.

Morgan Stanley Maintains Underweight on Etsy, Lowers Price Target to $40

Etsy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NYSE">ETSY</a>) short percent of float has fallen 9.15% since its last report. The company recently reported that it has 18.02 million shares sold short, which is 19.45% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.4 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Etsy Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1744902020_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Etsy has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Etsy's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Etsy's peer group average for short interest as a percentage of float is 9.48%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Peering Into Etsy's Recent Short Interest

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$240.00</td>
<td>$41.3K</td>
<td>16.3K</td>
<td>64.8K</td>
</tr>
<tr>
<td>XPEV</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$15.00</td>
<td>$41.1K</td>
<td>865</td>
<td>2.7K</td>
</tr>
<tr>
<td>JD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/02/25</td>
<td>$35.00</td>
<td>$49.7K</td>
<td>2.5K</td>
<td>1.6K</td>
</tr>
<tr>
<td>RIVN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$14.00</td>
<td>$97.5K</td>
<td>6.8K</td>
<td>937</td>
</tr>
<tr>
<td>GAP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>05/16/25</td>
<td>$17.00</td>
<td>$88.5K</td>
<td>4.6K</td>
<td>402</td>
</tr>
<tr>
<td>BABA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/25/25</td>
<td>$108.00</td>
<td>$28.4K</td>
<td>804</td>
<td>340</td>
</tr>
<tr>
<td>DUOL</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>05/16/25</td>
<td>$230.00</td>
<td>$102.5K</td>
<td>89</td>
<td>220</td>
</tr>
<tr>
<td>WYNN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$75.00</td>
<td>$32.1K</td>
<td>118</td>
<td>88</td>
</tr>
<tr>
<td>ETSY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$45.00</td>
<td>$30.9K</td>
<td>2.9K</td>
<td>78</td>
</tr>
<tr>
<td>PDD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$95.00</td>
<td>$28.9K</td>
<td>4.0K</td>
<td>73</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on April 17, 2025. This event was a transfer of 151 contract(s) at a $240.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $41.3K, with a price of $273.0 per contract. There were 16331 open contracts at this strike prior to today, and today 64895 contract(s) were bought and sold. 
• Regarding XPEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>), we observe a put option sweep with bearish sentiment. It expires in 30 day(s) on May 16, 2025. Parties traded 1000 contract(s) at a $15.00 strike. This particular put needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $41.1K, with a price of $41.0 per contract. There were 865 open contracts at this strike prior to today, and today 2783 contract(s) were bought and sold. 
• For JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we notice a put option sweep that happens to be bearish, expiring in 16 day(s) on May 2, 2025. This event was a transfer of 400 contract(s) at a $35.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $49.7K, with a price of $125.0 per contract. There were 2560 open contracts at this strike prior to today, and today 1606 contract(s) were bought and sold. 
• Regarding RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we observe a call option sweep with bearish sentiment. It expires in 156 day(s) on September 19, 2025. Parties traded 668 contract(s) at a $14.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $97.5K, with a price of $146.0 per contract. There were 6848 open contracts at this strike prior to today, and today 937 contract(s) were bought and sold. 
• For GAP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GAP#NYSE">GAP</a>), we notice a call option sweep that happens to be neutral, expiring in 30 day(s) on May 16, 2025. This event was a transfer of 397 contract(s) at a $17.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $88.5K, with a price of $223.0 per contract. There were 4643 open contracts at this strike prior to today, and today 402 contract(s) were bought and sold. 
• For BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we notice a put option trade that happens to be bullish, expiring in 9 day(s) on April 25, 2025. This event was a transfer of 74 contract(s) at a $108.00 strike. The total cost received by the writing party (or parties) was $28.4K, with a price of $385.0 per contract. There were 804 open contracts at this strike prior to today, and today 340 contract(s) were bought and sold. 
• Regarding DUOL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOL#NASDAQ">DUOL</a>), we observe a call option trade with neutral sentiment. It expires in 30 day(s) on May 16, 2025. Parties traded 10 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $102.5K, with a price of $10250.0 per contract. There were 89 open contracts at this strike prior to today, and today 220 contract(s) were bought and sold. 
• Regarding WYNN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>), we observe a call option trade with bullish sentiment. It expires in 156 day(s) on September 19, 2025. Parties traded 38 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $32.1K, with a price of $845.0 per contract. There were 118 open contracts at this strike prior to today, and today 88 contract(s) were bought and sold. 
• For ETSY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>), we notice a put option trade that happens to be bearish, expiring in 275 day(s) on January 16, 2026. This event was a transfer of 38 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $30.9K, with a price of $815.0 per contract. There were 2943 open contracts at this strike prior to today, and today 78 contract(s) were bought and sold. 
• For PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we notice a put option trade that happens to be bullish, expiring in 275 day(s) on January 16, 2026. This event was a transfer of 19 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $28.9K, with a price of $1525.0 per contract. There were 4096 open contracts at this strike prior to today, and today 73 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

BABA

DUOL

Citigourp Global Markets 2% Protected Notes Linked To The Djia

RIVN

TSLA

WYNN

XPEV

10 Consumer Discretionary Stocks Whale Activity In Today's Session

UBS analyst Chris Kuntarich maintains Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Neutral and lowers the price target from $54 to $46.

UBS Maintains Neutral on Etsy, Lowers Price Target to $46

Piper Sandler analyst Anna Andreeva maintains Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Neutral and lowers the price target from $52 to $40.

Piper Sandler Maintains Neutral on Etsy, Lowers Price Target to $40

BofA analyst Curtis Nagle looks at the tariff and recession implications for home furnishing companies and Etsy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>).
The upcoming 2025 tariffs could significantly disrupt the U.S. home furnishings industry, as a large share of imports originate from China and Southeast Asia, regions that now face tariffs as high as 50%, said the analyst.
Although companies previously managed similar tariffs in 2018 through cost-cutting and shifting production, those strategies may no longer be viable due to limited sourcing alternatives and low factory output amid weak demand.
Nagle warned that while retailers may attempt to pass added costs to consumers through higher prices, historical patterns show such hikes often reduce demand.
During the 2018 tariffs, even with mitigation, furniture prices rose and sales growth slowed from a 4% annual increase in 2018 to a 0.6% decline in 2019. 
With broader tariffs expected in 2025 and few cost-cutting options available, price increases of up to 30% may be necessary, potentially leading to further demand erosion, especially in the event of broader inflation or a recession.
Also Read: <a href="https://www.benzinga.com/tech/25/04/44695622/amazon-touts-ai-milestone-says-new-model-outshines-gpt-4o-in-real-time-speech">Amazon Touts AI Milestone, Says New Model Outshines GPT-4o In Real-Time Speech</a>
The Analyst cautioned that new tariff-driven price hikes, weak consumer confidence, a soft housing market and looming recession fears could further dampen demand.
While sales have already dropped 20% since 2021, a short-term buying boost may occur if consumers try to purchase before prices rise or if tariff relief is negotiated.
Wayfair Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) is a leader in the home furnishings market, with a catalog of over 30 million items from 20,000 suppliers.
This vast supplier network allows the company to avoid inventory risks faced by traditional retailers while enabling strategic flexibility through vendor negotiations, product mix adjustments and pricing strategies.
Historically, Wayfair has demonstrated resilience during inflationary periods. The company successfully preserved its gross margins in 2018 and 2021 despite rising prices across the furnishings category.
However, the analyst warns that if the 2025 tariffs are fully implemented, Wayfair could struggle to fully pass along the higher costs to consumers.
The company's key sourcing partners may not be able to absorb the increased expense and significant price hikes could weaken demand.
RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>) was initially viewed as well-positioned within the home furnishings sector heading into 2025 due to its plans to shift sourcing away from China and a track record of minimizing tariff-related expenses.
However, the analyst now sees RH at risk of facing considerable cost pressures if the tariffs are implemented as proposed.
The company's sourcing footprint includes 35% of its product volume from Vietnam, which would be hit with a 46% tariff and another 14% from Southeast Asian nations excluding China, where duties could exceed 30%.
Nagle reiterated a <a href="https://www.benzinga.com/quote/ETSY/analyst-ratings">Neutral rating </a>on the shares of Etsy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) and lowered the price forecast from $55.00 to $50.00.
ETSY may be less vulnerable to direct tariff impacts than its peers, but the analyst says it still faces significant headwinds.
Only a quarter of the marketplace&#8217;s goods are imported and its exposure to China is minimal &#8211; under 2% of Gross Merchandise Sales (GMS). Canada and Mexico contribute less than 5% combined, with Canada being the larger contributor.
While tariff effects may be muted, Etsy&#8217;s reliance on discretionary spending raises red flags amid growing recession fears.
As of the fourth quarter of 2024, nearly 70% of Etsy&#8217;s GMS came from categories such as home goods, jewelry and apparel segments likely to suffer if consumers tighten spending.
Read Next: <a href="https://www.benzinga.com/25/04/44671636/nvidia-applied-materials-provide-115m-fund-to-digital-engineering-startup-rescale">Nvidia, Applied Materials Back Digital Engineering Startup In $115M Round</a>
Photo: Shutterstock

General

Tariffs, Recession Fears Could Derail Wayfair, RH And Etsy, Says Analyst

JP Morgan analyst Bryan Smilek maintains Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Neutral and lowers the price target from $50 to $42.

JP Morgan Maintains Neutral on Etsy, Lowers Price Target to $42

B of A Securities analyst Curtis Nagle maintains Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Neutral and lowers the price target from $55 to $50.

B of A Securities Maintains Neutral on Etsy, Lowers Price Target to $50

Etsy Inc's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) direct exposure to tariff-vulnerable countries, including Canada, Mexico and China, is limited, according to JPMorgan.
The Etsy Analyst: <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/65eed5d99b25ca0001b38792/bryan-smilek">Analyst Bryan Smilek</a> maintained a Neutral rating and price target of $50.
The Etsy Thesis: Etsy's marketplace does not have significant exposure to the impact of tariffs on Canada, Mexico, and China as less than 5% of its gross merchandise sales (GMS) are generated by US buyers that source from these three countries combined, Smilek said in the note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
President Donald Trump is reportedly considering levying tariffs on imports from the European Union, which would "carry greater impact on GMS."
The analyst stated that to alleviate tariff headwinds, Etsy may promote domestic sales, like promoting Canadian goods to a Canada-based buyer. However, Etsy and other e-commerce companies may witness lower demand as sellers try to transfer incremental tariff costs to consumers, "driving increased pricing across the industry," he said.
"Beyond core demand, we believe Onsite Advertising growth (i.e. Etsy Ads, not Offsite Ads) could be impacted from demand/GMS headwinds, driving sellers to potentially rationalize costs against lower sales," Smilek further wrote.
Price Action: Shares of Etsy had risen by 1.32% to $49.17 at the time of publication on Wednesday.
Read More: 
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/02/43949618/cisco-and-nvidia-expand-ai-partnership-secure-us-government-authorization-for-cloud-security">Etsy Loses Its Meme Stock Shine – Is It Still a Buy?</a></li>
</ul>
Image: Shutterstock

Analyst Color

Reiteration

Movers

Etsy: How Severely Will Trump's Tariffs Weigh On Demand?

Wells Fargo analyst Ken Gawrelski maintains Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Underweight and lowers the price target from $47 to $46.

Wells Fargo Maintains Underweight on Etsy, Lowers Price Target to $46

Deep-pocketed investors have adopted a bearish approach towards Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>), 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 ETSY usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for Etsy. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 25% leaning bullish and 37% bearish. Among these notable options, 6 are puts, totaling $272,567, and 2 are calls, amounting to $60,875.
<h3>Predicted Price Range</h3>
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 $55.0 for Etsy during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
In terms of liquidity and interest, the mean open interest for Etsy options trades today is 609.0 with a total volume of 1,085.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Etsy's big money trades within a strike price range of $40.0 to $55.0 over the last 30 days.
<h3>Etsy Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1742491860_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ETSY</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/28/25</td>
<td>$1.11</td>
<td>$1.03</td>
<td>$1.07</td>
<td>$45.50</td>
<td>$74.9K</td>
<td>10</td>
<td align="right">711</td>
</tr>
<tr>
<td>ETSY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$9.35</td>
<td>$9.3</td>
<td>$9.35</td>
<td>$50.00</td>
<td>$63.5K</td>
<td>2.4K</td>
<td align="right">115</td>
</tr>
<tr>
<td>ETSY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$9.35</td>
<td>$9.3</td>
<td>$9.35</td>
<td>$50.00</td>
<td>$43.9K</td>
<td>2.4K</td>
<td align="right">47</td>
</tr>
<tr>
<td>ETSY</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/19/25</td>
<td>$12.7</td>
<td>$12.5</td>
<td>$12.61</td>
<td>$55.00</td>
<td>$34.0K</td>
<td>459</td>
<td align="right">27</td>
</tr>
<tr>
<td>ETSY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$2.6</td>
<td>$2.36</td>
<td>$2.6</td>
<td>$45.00</td>
<td>$33.8K</td>
<td>1.1K</td>
<td align="right">134</td>
</tr>
</tbody>
</table>

<h3>About Etsy</h3>
Etsy operates a top-10 e-commerce marketplace in the US and the UK, with sizable operations in Germany, France, Australia, and Canada. The firm dominates an interesting niche, connecting buyers and sellers through its online market to exchange vintage and craft goods. With $12.5 billion in 2024 consolidated gross merchandise volume, Etsy has cemented itself as one of the largest players in a quickly growing space, generating revenue from listing fees, commissions on sold items, advertising services, payment processing, and shipping labels. As of the end of 2024, the firm connected more than 95 million buyers and 8 million sellers on its marketplace properties: Etsy, Reverb (musical equipment), and Depop (clothing resale).
After a thorough review of the options trading surrounding Etsy, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of Etsy</h3>
<ul>
<li>Trading volume stands at 1,363,807, with ETSY's price up by 0.69%, positioned at $45.03.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 41 days.</li>
</ul>
<h3>What The Experts Say On Etsy</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $45.6.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Cantor Fitzgerald keeps a Neutral rating on Etsy with a target price of $43. 
&#x2A; An analyst from Morgan Stanley has decided to maintain their Underweight rating on Etsy, which currently sits at a price target of $44. 
&#x2A; Consistent in their evaluation, an analyst from Wells Fargo keeps a Underweight rating on Etsy with a target price of $47. 
&#x2A; Consistent in their evaluation, an analyst from UBS keeps a Neutral rating on Etsy with a target price of $54. 
&#x2A; An analyst from Loop Capital has decided to maintain their Sell rating on Etsy, which currently sits at a price target of $40. 
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. Stay informed about the latest Etsy options trades with real-time alerts from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.

Markets

Etsy's Options: A Look at What the Big Money is Thinking

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>China Renaissance analyst Cindy Wang initiated coverage on NIKE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Hold rating. Nike shares closed at $73.31 on Tuesday. <a href="https://www.benzinga.com/quote/nke/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Compass Point analyst Ed Engel initiated coverage on Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) with a Buy rating and announced a price target of $61. Robinhood shares closed at $40.10 on Tuesday. <a href="https://www.benzinga.com/quote/hood/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Bryan Smilek initiated coverage on Etsy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Neutral rating and announced a price target of $50. Etsy shares closed at $44.66 on Tuesday. <a href="https://www.benzinga.com/quote/ETSY/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying NKE stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="586" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/19093604/image-165-1024x586.png" alt="" class="wp-image-831643" style="width:533px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/19093604/image-165-1024x586.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/19093604/image-165-300x172.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/19093604/image-165-768x440.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/19093604/image-165.png 1097w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/25/03/44375233/top-3-materials-stocks-which-could-rescue-your-portfolio-this-month">Top 3 Materials Stocks Which Could Rescue Your Portfolio This Month</a></li>
</ul>
Photo: Shutterstock

Initiation

HOOD

This Robinhood Analyst Begins Coverage On A Bullish Note; Here Are Top 3 Initiations For Wednesday

JP Morgan analyst Bryan Smilek initiates coverage on Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Neutral rating and announces Price Target of $50.

JP Morgan Initiates Coverage On Etsy with Neutral Rating, Announces Price Target of $50

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$225.00</td>
<td>$37.2K</td>
<td>10.4K</td>
<td>63.7K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$150.00</td>
<td>$30.3K</td>
<td>27.0K</td>
<td>11.2K</td>
</tr>
<tr>
<td>RIVN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$11.00</td>
<td>$31.5K</td>
<td>23.7K</td>
<td>4.5K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$190.00</td>
<td>$31.7K</td>
<td>1.4K</td>
<td>741</td>
</tr>
<tr>
<td>ETSY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$35.00</td>
<td>$109.8K</td>
<td>168</td>
<td>519</td>
</tr>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$75.00</td>
<td>$44.5K</td>
<td>3.0K</td>
<td>336</td>
</tr>
<tr>
<td>UAA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$5.00</td>
<td>$53.8K</td>
<td>1.0K</td>
<td>200</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$30.00</td>
<td>$59.1K</td>
<td>3.4K</td>
<td>38</td>
</tr>
<tr>
<td>PDD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$130.00</td>
<td>$31.3K</td>
<td>777</td>
<td>16</td>
</tr>
<tr>
<td>ORLY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$1200.00</td>
<td>$53.9K</td>
<td>17</td>
<td>11</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a put option sweep with neutral sentiment. It expires in 3 day(s) on March 21, 2025. Parties traded 62 contract(s) at a $225.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $37.2K, with a price of $600.0 per contract. There were 10449 open contracts at this strike prior to today, and today 63744 contract(s) were bought and sold. 
• For BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on March 21, 2025. This event was a transfer of 330 contract(s) at a $150.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $30.3K, with a price of $92.0 per contract. There were 27085 open contracts at this strike prior to today, and today 11269 contract(s) were bought and sold. 
• Regarding RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on March 21, 2025. Parties traded 420 contract(s) at a $11.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $31.5K, with a price of $75.0 per contract. There were 23778 open contracts at this strike prior to today, and today 4593 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a call option trade that happens to be bullish, expiring in 59 day(s) on May 16, 2025. This event was a transfer of 23 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $31.7K, with a price of $1380.0 per contract. There were 1495 open contracts at this strike prior to today, and today 741 contract(s) were bought and sold. 
• For ETSY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>), we notice a put option sweep that happens to be bearish, expiring in 185 day(s) on September 19, 2025. This event was a transfer of 519 contract(s) at a $35.00 strike. This particular put needed to be split into 78 different trades to become filled. The total cost received by the writing party (or parties) was $109.8K, with a price of $210.0 per contract. There were 168 open contracts at this strike prior to today, and today 519 contract(s) were bought and sold. 
• Regarding NKE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), we observe a call option trade with bullish sentiment. It expires in 94 day(s) on June 20, 2025. Parties traded 100 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $44.5K, with a price of $445.0 per contract. There were 3050 open contracts at this strike prior to today, and today 336 contract(s) were bought and sold. 
• Regarding UAA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAA#NYSE">UAA</a>), we observe a call option sweep with bullish sentiment. It expires in 668 day(s) on January 15, 2027. Parties traded 200 contract(s) at a $5.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $53.8K, with a price of $269.0 per contract. There were 1074 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold. 
• For JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we notice a call option trade that happens to be neutral, expiring in 304 day(s) on January 16, 2026. This event was a transfer of 35 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $59.1K, with a price of $1690.0 per contract. There were 3433 open contracts at this strike prior to today, and today 38 contract(s) were bought and sold. 
• For PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we notice a put option sweep that happens to be bearish, expiring in 304 day(s) on January 16, 2026. This event was a transfer of 14 contract(s) at a $130.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $31.3K, with a price of $2240.0 per contract. There were 777 open contracts at this strike prior to today, and today 16 contract(s) were bought and sold. 
• Regarding ORLY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>), we observe a put option trade with bearish sentiment. It expires in 276 day(s) on December 19, 2025. Parties traded 11 contract(s) at a $1200.00 strike. The total cost received by the writing party (or parties) was $53.9K, with a price of $4900.0 per contract. There were 17 open contracts at this strike prior to today, and today 11 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AMZN

ORLY

Press Releases

Etsy to Participate in Upcoming Investor Conferences

Etsy Announces Executive Changes

Etsy Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Etsy to Announce Fourth Quarter and Year End 2024 Financial Results on February 19, 2025

Earnings

Entertainment

Etsy, Inc. Reports Fourth Quarter and Full Year 2024 Results

Sleep Number Board Names Linda Findley as President and Chief Executive Officer

Etsy Appoints Rafe Colburn as Chief Technology Officer

Etsy to Announce First Quarter 2025 Financial Results on April 30, 2025

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1stdibs.com

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Global E Online

Groupon

D-Market Electronic Services & Trading - American Depositary Shares

D-MARKET Electronic

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Comments

Etsy

Unusual Options Activity for

ニュース

パートナーシップ

ベンジンガ・グローバル

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
02:36 PMFeb 18, 2025	PUT	$55.00	Mar 21, 2025	-41	4411	4000	112	3931	TRADE	NEUTRAL
01:00 PMFeb 18, 2025	PUT	$45.00	Jun 20, 2025	50	3046	3000	67	4580	TRADE	BULLISH