Looking At Abbott Laboratories's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed in Abbott Laboratories (NYSE:ABT), with 11 strange trades detected. 45% of investors opened trades with bullish expectations, while 54% were bearish. Whales have been targeting a price range of $80 to $130 for Abbott Laboratories over the last 3 months.
June 06, 2023 | 8:46 pm
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Abbott Laboratories has seen unusual options activity, with 11 strange trades detected. Whales have been targeting a price range of $80 to $130 for the stock over the last 3 months.
The unusual options activity in Abbott Laboratories indicates that large investors are taking positions in the stock, which could lead to increased volatility. However, the mixed sentiment among investors (45% bullish and 54% bearish) makes it difficult to predict the short-term price direction. The targeted price range of $80 to $130 over the last 3 months also suggests a wide range of potential outcomes.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100