Looking At Dollar Gen's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Dollar General (NYSE:DG) as evidenced by unusual options activity. The activity was split between 50% bullish and 50% bearish, with 3 puts and 7 calls. The total amount for puts was $226,144 and for calls was $286,021. The price range targeted by these 'whales' over the last 3 months is from $135.0 to $175.0. The price of DG is currently up 4.29% at $171.96.
July 27, 2023 | 5:16 pm
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Unusual options activity has been observed for Dollar General, indicating a significant bullish stance. The targeted price range is $135.0 to $175.0, with the current price at $171.96.
The unusual options activity, split between bullish and bearish, indicates that there is significant interest in Dollar General's stock. The targeted price range suggests that investors are expecting the stock price to remain within this range. The current price increase further supports the bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100