American Express Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale has taken a bullish stance on American Express (NYSE:AXP), with 61% of investors opening trades with bullish expectations and 38% with bearish. Whales have been targeting a price range of $135 to $165 for AXP over the last 3 months. The stock is currently up 4.08% at $157.24, with RSI indicators suggesting a neutral position.
May 26, 2023 | 6:49 pm
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Whale activity indicates a bullish stance on American Express, with a targeted price range of $135 to $165. The stock is currently up 4.08% at $157.24.
The article highlights that a whale has taken a bullish stance on American Express, with the majority of investors opening trades with bullish expectations. This suggests that there is optimism surrounding the stock, which could lead to a short-term increase in its price. Additionally, the stock is currently up 4.08% at $157.24, further supporting the bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100