Looking At Autodesk's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Autodesk (NASDAQ:ADSK), with a majority of investors taking a bearish stance. The trades include 7 puts and 3 calls, with a total amount of $228,882 and $393,979 respectively. The targeted price range for Autodesk over the last 3 months is from $165.0 to $240.0. Currently, Autodesk's stock price is down by 1.78% at $200.22. Rosenblatt has downgraded its action to Buy with a price target of $235.
July 06, 2023 | 6:31 pm
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Autodesk has seen unusual options activity, with majority investors bearish. The stock price is currently down by 1.78% at $200.22.
The unusual options activity, with a majority of investors taking a bearish stance, indicates a potential downward movement in Autodesk's stock price. This is further supported by the current decrease in the stock price.
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