United Parcel Service Unusual Options Activity For June 23
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for United Parcel Service (NYSE:UPS) on June 23, with a bearish stance taken by a large investor. Benzinga's options scanner spotted 10 uncommon options trades, with 40% bullish and 60% bearish sentiment. Whales have been targeting a price range of $145 to $180 for UPS over the last 3 months.
June 23, 2023 | 4:39 pm
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A large investor has taken a bearish stance on United Parcel Service (NYSE:UPS) with unusual options activity observed on June 23. The overall sentiment is 40% bullish and 60% bearish, with whales targeting a price range of $145 to $180.
The unusual options activity observed for United Parcel Service indicates that a large investor is taking a bearish stance on the stock. This could potentially have a negative impact on the stock price in the short term, as it suggests that the investor may have information or expectations that the stock price will decline.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100