Looking At ON Semiconductor's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on ON Semiconductor (NASDAQ:ON), with 50% of recent trades being bullish and 50% bearish. The total amount for puts was $354,881 and for calls was $509,225. The targeted price range for ON Semiconductor over the last 3 months has been $85.0 to $120.0. The current price of ON is up 3.91% at $101.51. The next earnings are expected in 6 days.
July 25, 2023 | 4:01 pm
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ON Semiconductor has seen significant options activity, with a split between bullish and bearish trades. The targeted price range is $85.0 to $120.0. The stock is currently up 3.91% at $101.51.
The news indicates a significant level of interest in ON Semiconductor's stock, with a split between bullish and bearish trades. This could lead to increased volatility in the stock's price. The fact that the stock is currently up suggests a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100