Microsoft Unusual Options Activity For May 23
Portfolio Pulse from Benzinga Insights
A whale has taken a bearish stance on Microsoft (NASDAQ: MSFT) with 60% of detected unusual options trades being bearish. Whales have been targeting a price range of $270 to $355 for Microsoft over the last 3 months. The current price of MSFT is down 0.11% at $320.84.
May 23, 2023 | 2:03 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
A whale has taken a bearish stance on Microsoft with 60% of detected unusual options trades being bearish. The current price of MSFT is down 0.11% at $320.84.
The bearish stance taken by a whale with a significant amount of money to spend indicates a potential short-term negative impact on Microsoft's stock price. With 60% of the unusual options trades being bearish, this suggests that there is a higher probability of the stock price going down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100