Looking At Cigna Group's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed in Cigna Group (NYSE:CI), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 13 options trades, with 12 puts totaling $1,288,120 and 1 call totaling $56,352. The overall sentiment is 30% bullish and 69% bearish.
May 31, 2023 | 5:06 pm
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Cigna Group (NYSE:CI) experiences unusual options activity with a bearish stance taken by a large investor. The overall sentiment is 69% bearish.
The unusual options activity in Cigna Group (NYSE:CI) indicates that a large investor has taken a bearish stance on the stock. This could potentially impact the stock price in the short term as the overall sentiment is 69% bearish. The large volume of puts compared to calls suggests that there is a higher probability of the stock price going down.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100