Home Depot Unusual Options Activity For June 21
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Home Depot (NYSE:HD), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 12 uncommon options trades, with 33% bullish and 66% bearish sentiment. The total trade price for puts is $1,307,600, and for calls, it is $366,121.
June 21, 2023 | 5:32 pm
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A large investor has taken a bearish stance on Home Depot (NYSE:HD) with unusual options activity. The overall sentiment is 33% bullish and 66% bearish.
The unusual options activity indicates that a large investor is taking a bearish stance on Home Depot, which could potentially impact the stock price in the short term. The overall sentiment of 66% bearish and 33% bullish suggests that there is more negative sentiment towards the stock, which could lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100