Charter Communications Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Charter Communications (NASDAQ:CHTR) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 53% bullish and 46% bearish. Whales have been targeting a price range from $370.0 to $450.0 for Charter Communications over the last 3 months. Morgan Stanley has maintained their Equal-Weight rating on Charter Communications, with a price target of $460.
July 26, 2023 | 7:16 pm
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Unusual options activity indicates a significant bullish stance on Charter Communications. The sentiment of big-money traders is split, with a slight lean towards bullish. Morgan Stanley maintains an Equal-Weight rating with a price target of $460.
The unusual options activity, with a majority leaning bullish, indicates that there is significant interest and potential upward movement for CHTR. This is further supported by Morgan Stanley's maintained Equal-Weight rating and a price target of $460, which is above the current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100