Biogen Unusual Options Activity For May 26
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Biogen (NASDAQ:BIIB) with 10 options trades spotted, split between 60% bullish and 40% bearish. Whales have been targeting a price range of $290 to $305 for Biogen over the last 3 months.
May 26, 2023 | 4:04 pm
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Biogen experiences unusual options activity with 60% bullish and 40% bearish sentiment. Whales target a price range of $290 to $305.
The unusual options activity in Biogen suggests that there is increased interest in the stock, with a majority of the sentiment being bullish. However, there is still a significant bearish sentiment, making the short-term impact on the stock price uncertain. The targeted price range of $290 to $305 indicates that investors are expecting some movement in the stock price, but it is unclear whether this will result in a significant short-term price change.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100