Anheuser-Busch InBev Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Benzinga's options scanner detected over 13 options trades for Anheuser-Busch InBev (NYSE:BUD) totaling $514,234. Whales have been targeting a price range of $50 to $70 for the stock over the last 3 months. The price of BUD is down 0.52% at $54.56, and RSI indicators suggest it may be oversold.
June 05, 2023 | 4:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Anheuser-Busch InBev (NYSE:BUD) sees unusual options activity with over 13 trades totaling $514,234. Whales target a $50-$70 price range. BUD is down 0.52% at $54.56, and RSI indicators suggest it may be oversold.
The unusual options activity indicates increased interest in Anheuser-Busch InBev's stock, which could lead to higher volatility in the short term. However, the current price of $54.56 is within the targeted price range of $50 to $70, and RSI indicators suggest the stock may be oversold. This combination of factors makes it difficult to predict a clear short-term price direction, resulting in a neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100