Texas Instruments Unusual Options Activity For July 06
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Texas Instruments (NASDAQ:TXN) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 30% bullish and 69% bearish. The whales have been targeting a price range from $100.0 to $260.0 for Texas Instruments over the last 3 months. Susquehanna has downgraded its action to Positive with a price target of $205.
July 06, 2023 | 5:16 pm
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Unusual options activity indicates a significant bearish stance on Texas Instruments. The sentiment among big-money traders is 30% bullish and 69% bearish. Susquehanna has downgraded its action to Positive with a price target of $205.
The unusual options activity, with a significant bearish stance, indicates that large investors are expecting the price of Texas Instruments to decrease. This, combined with the downgrade from Susquehanna, could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100