Looking At Pioneer Natural Resources's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on Pioneer Natural Resources (NYSE:PXD), with 72% of recent trades showing bullish expectations. The majority of trades are puts, totaling $329,907, with calls totaling $110,000. Whales have been targeting a price range from $175.0 to $240.0 for PXD over the last 3 months. The current price of PXD is $207.0, down 0.92%.
July 17, 2023 | 8:46 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Pioneer Natural Resources has seen significant options activity, with a majority of trades being bullish. The target price range is $175.0 to $240.0. The current price is $207.0, down 0.92%.
The bullish stance taken by a significant investor, along with the majority of trades being bullish, indicates a positive sentiment towards PXD. This could potentially drive the price up in the short term. However, the current price is down 0.92%, which may be a temporary dip.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100