This Is What Whales Are Betting On AstraZeneca
Portfolio Pulse from Benzinga Insights
A large bearish position has been taken on AstraZeneca (NASDAQ:AZN), as observed from publicly available options history. The sentiment among these big-money traders is 18% bullish and 81% bearish. The whales have been targeting a price range from $30.0 to $70.0 for AstraZeneca over the last 3 months. The current price of AZN is up 1.68% at $67.59.
July 13, 2023 | 6:21 pm
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A large bearish position has been taken on AstraZeneca, indicating potential downward pressure on the stock. The current price is $67.59, up 1.68%.
The large bearish position taken on AstraZeneca indicates that the investor or institution expects the stock price to decrease. This could put downward pressure on the stock in the short term. The current price of the stock is $67.59, which is up 1.68%, but this could change based on the bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100