AstraZeneca Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on AstraZeneca (NASDAQ:AZN) as indicated by unusual options activity. A total of 46 options trades were spotted, with 63% bullish and 36% bearish sentiment. The majority of these trades were puts, with a total amount of $2,823,650, and one call for $33,550. The targeted price range for AstraZeneca over the last 3 months has been between $35.0 to $72.5. The current price of AZN is down 7.2% at $66.42.
July 03, 2023 | 2:31 pm
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AstraZeneca has seen unusual options activity, indicating a bullish stance by some investors. The majority of these trades are puts, with a total amount of $2,823,650. The current price of AZN is down 7.2% at $66.42.
The unusual options activity indicates that some investors are taking a bullish stance on AstraZeneca, which could potentially drive the stock price up in the short term. However, the current price of AZN is down 7.2% at $66.42, which might be a concern for some investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100