This Is What Whales Are Betting On AutoZone
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on AutoZone (NYSE:AZO), with Benzinga's options scanner spotting 10 uncommon options trades for the company. The sentiment of these big-money traders is split evenly between bullish and bearish. The trades include 5 puts, totalling $172,840, and 5 calls, totalling $188,988. The targeted price range for AutoZone over the last 3 months has been $1790.0 to $2630.0.
July 14, 2023 | 5:16 pm
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POSITIVE IMPACT
A large investor has taken a bullish stance on AutoZone, indicating potential positive movement for the stock.
The large investment and bullish stance taken by a 'whale' investor indicates a strong belief in the positive performance of AutoZone's stock. This could potentially influence other investors and drive up the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100