Halliburton Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Halliburton (NYSE:HAL), with a bearish stance being taken by a majority of investors. Whales have been targeting a price range from $23.0 to $40.0 for Halliburton over the last 3 months. The price of HAL is currently up 3.6% at $38.27. Analysts from Raymond James, Citigroup, Stifel, and Morgan Stanley have given their ratings and price targets for the company.
July 24, 2023 | 6:15 pm
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Halliburton has seen unusual options activity, with a bearish stance being taken by a majority of investors. The company's stock price is currently up, and various analysts have given their ratings and price targets.
The unusual options activity indicates that investors are speculating on the future price of Halliburton's stock. The bearish stance taken by a majority of these investors suggests that they expect the stock price to decrease. However, the current increase in the stock price and the ratings and price targets given by analysts suggest a more mixed outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100