Looking At Dollar Gen's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed in Dollar General (NYSE:DG), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 14 uncommon options trades, with 21% bullish and 78% bearish sentiment. The targeted price range for DG over the last 3 months is $150 to $260.
June 22, 2023 | 8:02 pm
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A large investor has taken a bearish stance on Dollar General (NYSE:DG) with unusual options activity. 78% bearish sentiment has been observed, targeting a price range of $150 to $260.
The unusual options activity indicates that a large investor is expecting a potential decline in Dollar General's stock price. With 78% bearish sentiment, this could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100