Looking At Coca-Cola's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Coca-Cola (NYSE:KO), with 14 uncommon options trades spotted. The sentiment is split between 50% bullish and 50% bearish, with 8 puts and 6 calls. Whales have been targeting a price range of $27.5 to $95.0 for Coca-Cola over the last 3 months.
May 31, 2023 | 8:18 pm
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NEUTRAL IMPACT
Coca-Cola (NYSE:KO) has seen unusual options activity, with 14 uncommon trades and a 50% bullish and 50% bearish sentiment. Whales have targeted a price range of $27.5 to $95.0 over the last 3 months.
The unusual options activity for Coca-Cola indicates that there is significant interest from big-money traders, but the sentiment is split between bullish and bearish. This suggests that there is uncertainty about the stock's short-term direction, making it difficult to predict the impact on the stock price. However, the targeted price range of $27.5 to $95.0 over the last 3 months shows that there is potential for movement in the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100