Looking At Abbott Laboratories's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent unusual options activity in Abbott Laboratories (NYSE:ABT) shows a mix of bullish and bearish stances, with 50% of investors opening trades with bullish expectations and 50% with bearish. Whales have been targeting a price range of $105 to $130 for ABT over the last 3 months.
May 23, 2023 | 4:16 pm
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Abbott Laboratories has seen unusual options activity, with 50% of investors bullish and 50% bearish. Whales have targeted a price range of $105 to $130 over the last 3 months.
The article highlights unusual options activity in Abbott Laboratories, with an equal mix of bullish and bearish stances. This indicates that there is no clear consensus on the short-term direction of the stock price. The targeted price range of $105 to $130 over the last 3 months also suggests that investors have varying expectations, making it difficult to predict a short-term price impact based on this information alone.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100