Verizon Communications Unusual Options Activity For July 07
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Verizon Communications (NYSE:VZ) as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 38% bullish and 61% bearish. The whales have been targeting a price range from $25.0 to $60.0 for Verizon Communications over the last 3 months. The price of VZ is down -0.58% at $36.27.
July 07, 2023 | 4:33 pm
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Unusual options activity indicates a bearish stance on Verizon Communications. The sentiment of big-money traders is more bearish than bullish.
The unusual options activity and the bearish sentiment of big-money traders indicate a potential decrease in the stock price of Verizon Communications in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100