Check Out What Whales Are Doing With MMM
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on 3M (NYSE:MMM), with Benzinga's options scanner spotting 10 uncommon options trades for the company. The sentiment of these big-money traders is split 50% bullish and 50% bearish. Whales have been targeting a price range of $80 to $100 for 3M over the last 3 months.
May 31, 2023 | 3:46 pm
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A large investor has taken a bullish stance on 3M, with 10 uncommon options trades spotted. The sentiment of these big-money traders is split 50% bullish and 50% bearish, targeting a price range of $80 to $100.
The article highlights a large investor taking a bullish stance on 3M, but the overall sentiment of big-money traders is split 50% bullish and 50% bearish. This indicates uncertainty in the market, which could lead to a neutral short-term impact on the stock price. The targeted price range of $80 to $100 over the last 3 months also suggests that the stock price could fluctuate within this range.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100