ConocoPhillips Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for ConocoPhillips (NYSE:COP), with 11 uncommon options trades spotted. The sentiment of these big-money traders is split between 45% bullish and 54% bearish. Whales have been targeting a price range from $70.0 to $115.0 for ConocoPhillips over the last 3 months.
June 07, 2023 | 4:16 pm
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NEUTRAL IMPACT
ConocoPhillips (NYSE:COP) experiences unusual options activity with 11 uncommon trades. Sentiment among big-money traders is split, with 45% bullish and 54% bearish.
The unusual options activity in ConocoPhillips (NYSE:COP) indicates that big-money traders are divided in their sentiment, with 45% bullish and 54% bearish. This split sentiment makes it difficult to predict the short-term price direction for COP. However, the fact that this activity is unusual and involves significant amounts of money suggests that it is important for investors to monitor the stock closely.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100