Looking At VMware's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on VMware (NYSE:VMW) as indicated by unusual options activity. The sentiment among these big-money traders is split between 70% bullish and 29% bearish. The whales have been targeting a price range from $120.0 to $212.6 for VMware over the last 3 months. The price of VMW is currently up 5.32% at $166.91.
July 19, 2023 | 7:31 pm
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Unusual options activity indicates a bullish stance on VMware. The sentiment among big-money traders is 70% bullish and 29% bearish. The price of VMW is currently up 5.32% at $166.91.
The unusual options activity, with a majority being bullish, indicates that big-money traders are expecting the price of VMware to increase. This could potentially drive the price up in the short term. The current price increase of 5.32% also supports this bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100