Deere Unusual Options Activity For May 22
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Deere (NYSE:DE), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 20 uncommon options trades, with 55% being bearish and 45% bullish. The total trade price for puts is $1,298,452, while calls amount to $305,307.
May 22, 2023 | 4:03 pm
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Deere (NYSE:DE) experiences unusual options activity, with a large investor taking a bearish stance. 55% of the trades are bearish, while 45% are bullish.
The unusual options activity, with a majority of bearish trades, indicates that a large investor is expecting Deere's stock price to decline in the short term. This could potentially influence other investors and traders, leading to a negative impact on the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100