Meta Platforms Unusual Options Activity For July 05
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Meta Platforms (NASDAQ:META), with a majority of investors taking a bullish stance. The trades range from $145.0 to $300.0, with a total of 3 puts and 28 calls. The price of META is currently up 1.94% at $291.56. Analysts from Roth MKM, Citigroup, and UBS maintain a 'Buy' rating on Meta Platforms, while Wells Fargo has downgraded its action to 'Equal-Weight'.

July 05, 2023 | 2:04 pm
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Unusual options activity detected for Meta Platforms, with majority investors bullish. The stock price is currently up 1.94% at $291.56. Mixed analyst ratings.
The bullish stance from majority investors and the increase in stock price suggest a positive short-term impact. However, mixed analyst ratings could introduce some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100