Halliburton Unusual Options Activity For May 26
Portfolio Pulse from Benzinga Insights
A large bearish position on Halliburton (NYSE:HAL) has been observed, with 14 uncommon options trades spotted. The overall sentiment of these big-money traders is 35% bullish and 64% bearish. Whales have been targeting a price range from $29.0 to $36.0 for Halliburton over the last 3 months.
May 26, 2023 | 5:18 pm
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A large bearish position has been observed in Halliburton (NYSE:HAL) with 14 uncommon options trades. The overall sentiment of big-money traders is 35% bullish and 64% bearish.
The large bearish position observed in Halliburton's options trades indicates that big-money traders are expecting the stock price to go down in the short term. This bearish sentiment, combined with the fact that 64% of the big-money traders are bearish, suggests that the stock price is likely to be negatively impacted in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100