Check Out What Whales Are Doing With HON
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Honeywell Intl (NASDAQ:HON) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is 25% bullish and 75% bearish. The whales have been targeting a price range from $195.0 to $220.0 for Honeywell Intl over the last 3 months. The price of HON is currently down -0.68% at $208.26.
July 26, 2023 | 8:16 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Unusual options activity indicates a significant bearish stance on Honeywell Intl (NASDAQ:HON). The sentiment among big-money traders is 75% bearish.
The unusual options activity, with a significant bearish sentiment, indicates that large investors or institutions are expecting the price of Honeywell Intl to decrease. This could potentially lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100