Texas Instruments Hit With Heavy $305 Put Sweep Totaling $1.24M as Stock Falls 2.74%

By TrendSpider Editor

Texas Instruments saw a flood of bearish options activity on Friday, May 29, 2026, with eight unusual put contracts at the $305 strike targeting expiration on June 12 totaling $1,240,930 in combined premium. The stock is currently trading at $307.29, down 2.74% on the session, sitting closer to the

Texas Instruments Hit With Heavy $305 Put Sweep Totaling $1.24M as Stock Falls 2.74%

Texas Instruments saw a flood of bearish options activity on Friday, May 29, 2026, with eight unusual put contracts at the $305 strike targeting expiration on June 12 totaling $1,240,930 in combined premium. The stock is currently trading at $307.29, down 2.74% on the session, sitting closer to the upper half of its 52-week range of $152.76 to $331.51. The concentration of near-term, out-of-the-money put activity with open interest ratios well above 1,000% signals that informed traders may be positioning for further near-term downside through mid-June.

Key Drivers of the TXN Stock Move

The forward setup for TXN into mid-June carries elevated risk given the concentrated nature of this put positioning. The $305 level is now a key technical reference point to watch as the market heads into the following week. With the stock already down 2.74% today and these contracts set to expire June 12, traders should closely monitor whether selling pressure accelerates or stabilizes heading into that window. The unusually high open interest ratios across all eight contracts suggest this positioning was initiated with conviction rather than as a hedge on a small existing position.

TXN Unusual Options Activity

All eight flagged contracts are puts at the same $305 strike expiring June 12, 2026, with total combined premium of $1,240,930. The open interest ratios range from 608% to 3,050%, each indicating a dramatic increase in activity relative to prior open interest. The largest single tranche was the 366-contract block, representing the most aggressive single print of the session. The absence of any call activity among the flagged unusual contracts reinforces the purely one-sided, bearish character of today's flow.

TXN Seasonality

Late May and early June can be a transitional period for semiconductor stocks as investors look ahead to mid-year earnings guidance updates and inventory cycle reports. With the June 12 expiration falling roughly two weeks out, this put positioning aligns with a window that could capture any near-term macro or company-specific catalysts before the broader summer trading period sets in.

TXN Relative Performance

TXN's 2.74% decline today places it under pressure within the semiconductor sector, and with the stock sitting at $307.29 against a 52-week high of $331.51, it remains approximately 7.3% below its annual peak. The proximity of the current price to the $305 put strike underscores the relevance of today's options flow, as even modest continued selling could bring TXN into the money on these contracts before June 12.