Estee Lauder Cos Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Estee Lauder Cos (NYSE:EL), with a bearish stance being taken by a majority of investors. Of the 11 strange trades detected, 54% were bearish and 45% were bullish. The total amount for the 8 puts was $816,566 and for the 3 calls was $163,703. Whales have been targeting a price range from $130.0 to $195.0 for Estee Lauder Cos over the last 3 months. The price of EL is currently down -4.56% at $182.26.
July 20, 2023 | 8:30 pm
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Estee Lauder Cos (NYSE:EL) has seen unusual options activity, with a bearish stance being taken by a majority of investors. The price of EL is currently down -4.56% at $182.26.
The unusual options activity, with a majority of investors taking a bearish stance, indicates a potential downward pressure on the stock price of Estee Lauder Cos in the short term. This is further supported by the current price of EL being down -4.56%.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100