Home Depot Unusual Options Activity For June 07
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Home Depot (NYSE:HD), with 70% of detected unusual options trades being bullish and 30% bearish. The total amount for the 8 bullish call trades is $1,327,184, while the 2 bearish put trades amount to $74,554. Analysts from various firms have maintained their ratings on Home Depot, with price targets ranging from $280 to $320.
June 07, 2023 | 5:03 pm
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A whale investor has taken a bullish stance on Home Depot, with 70% of detected unusual options trades being bullish. Analysts maintain their ratings on Home Depot, with price targets ranging from $280 to $320.
The bullish stance taken by a whale investor, along with the maintained ratings and price targets from various analysts, indicates a positive short-term impact on Home Depot's stock price. The majority of unusual options trades being bullish also supports this assessment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100