Coca-Cola Unusual Options Activity For June 08
Portfolio Pulse from Benzinga Insights
Benzinga's options scanner detected over 10 options trades for Coca-Cola (NYSE:KO) totaling $769,298. Whales have been targeting a price range of $57.5 to $95.0 for Coca-Cola over the last 3 months. HSBC maintains a Buy rating on Coca-Cola with a price target of $74.
June 08, 2023 | 6:18 pm
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Coca-Cola experiences unusual options activity with a targeted price range of $57.5 to $95.0. HSBC maintains a Buy rating and a price target of $74.
The unusual options activity indicates that large investors are targeting a wide price range for Coca-Cola, which could lead to increased volatility in the short term. HSBC's maintained Buy rating and price target of $74 suggest a positive outlook for the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100