Prudential Financial Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed in Prudential Financial (NYSE:PRU), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 17 uncommon options trades, with 64% being bearish and 35% bullish. Whales have been targeting a price range of $55.0 to $105.0 for PRU over the last 3 months.
May 18, 2023 | 3:47 pm
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A large investor has taken a bearish stance on Prudential Financial (NYSE:PRU) with unusual options activity. 64% of the trades are bearish, while 35% are bullish.
The unusual options activity indicates that a large investor is expecting a negative price movement in PRU. With 64% of the trades being bearish, this could potentially impact the stock price in the short term. Additionally, the targeted price range of $55.0 to $105.0 over the last 3 months suggests that there is significant interest in PRU's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100