VMware Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for VMware (NYSE:VMW), with a bearish stance being taken by a majority of investors. Of the spotted trades, 60% were bearish and 40% bullish. The total amount for puts was $347,999 and for calls was $291,442. Whales have been targeting a price range from $110.0 to $140.0 for VMware over the last 3 months. The current price of VMW is up 0.83% at $142.16. Analysts from BMO Capital, Mizuho, Piper Sandler, and UBS have maintained their ratings on VMware.

June 28, 2023 | 4:02 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Unusual options activity detected for VMware. Majority of trades are bearish. Whales target price range $110-$140. Current price up 0.83% at $142.16.
The unusual options activity, with a majority being bearish, indicates that investors are expecting the price of VMware to decrease. This could potentially lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100