This Is What Whales Are Betting On AutoZone
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on AutoZone (NYSE:AZO), with 70% of detected trades being bearish. The total amount for put options is $301,730, while call options amount to $120,500. Whales have been targeting a price range of $1,980 to $2,810 for AutoZone over the last 3 months.
May 31, 2023 | 2:06 pm
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A whale investor has a bearish stance on AutoZone, with 70% of detected trades being bearish. Whales have been targeting a price range of $1,980 to $2,810 for AutoZone over the last 3 months.
The article highlights that a whale investor has taken a bearish stance on AutoZone, with 70% of detected trades being bearish. This indicates that the investor believes the stock price will decline in the short term. The targeted price range of $1,980 to $2,810 also suggests that the investor expects significant price movement. This information is relevant and important for investors in AutoZone, as it may impact the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100