Looking At Deere's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale has taken a bearish stance on Deere (NYSE:DE) with 60% of recent unusual options activity being bearish. The total amount for puts is $292,403, while calls amount to $196,917. Whales have been targeting a price range of $340 to $450 for Deere over the last 3 months.
June 21, 2023 | 2:31 pm
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Deere (NYSE:DE) has seen 60% bearish unusual options activity, with puts totaling $292,403 and calls at $196,917. Whales target a price range of $340 to $450 for the stock.
The article highlights a significant bearish stance taken by a whale on Deere, with 60% of the unusual options activity being bearish. This indicates that the whale expects the stock price to decline in the short term. The total amount for puts is $292,403, while calls amount to $196,917. The targeted price range of $340 to $450 by whales over the last 3 months also suggests potential price movement within this range. This information is relevant and important for investors in Deere, as it may impact the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100