Looking At VMware's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent unusual options activity shows a bearish stance on VMware (NYSE: VMW), with 60% of investors having bearish expectations. Whales have been targeting a price range of $110 to $140 for VMware over the last 3 months. Analysts from Piper Sandler, Mizuho, and UBS maintain a Neutral rating on the stock.
June 02, 2023 | 6:30 pm
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Unusual options activity indicates a bearish stance on VMware, with 60% of investors having bearish expectations. Analysts maintain Neutral ratings on the stock.
The article highlights unusual options activity, with a majority of investors having bearish expectations for VMware. This suggests that the stock price may face downward pressure in the short term. Additionally, analysts from Piper Sandler, Mizuho, and UBS maintain Neutral ratings on the stock, indicating that they do not expect significant price movement in either direction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100