Truist Finl Unusual Options Activity For July 20
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Truist Financial Corporation (NYSE:TFC), with a notably bearish stance. Of the 16 strange trades detected, 37% were bullish and 62% were bearish. The trades included 4 puts amounting to $230,653 and 12 calls amounting to $400,055. The price target range for Truist Financial over the last 3 months has been $25.0 to $45.0. The stock price is currently down by 6.91% at $33.13. Analysts from Morgan Stanley, Citigroup, Raymond James, and Jefferies have provided varied ratings and price targets.
July 20, 2023 | 7:46 pm
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Truist Financial Corporation has seen unusual options activity, with a bearish stance. The stock price is currently down by 6.91% at $33.13.
The unusual options activity, particularly the bearish stance, could potentially impact the stock price of Truist Financial in the short term. The current downward trend in the stock price also supports this.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100