Looking At Diamondback Energy's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Diamondback Energy (NASDAQ:FANG) has seen unusual options activity, with 50% of investors opening trades with bullish expectations and 50% with bearish. The trades include 5 puts for a total of $179,622 and 5 calls for a total of $173,050. Whales have been targeting a price range from $97.85 to $155.0 for Diamondback Energy over the last 3 months. The company's stock price is up 2.13% at $149.92. Several financial institutions have maintained their positive ratings on Diamondback Energy, with price targets ranging from $154 to $185.
August 04, 2023 | 2:13 pm
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Diamondback Energy has seen unusual options activity, with equal bullish and bearish expectations. The stock price is up and several financial institutions have maintained their positive ratings, indicating potential for further growth.
The unusual options activity indicates investor interest in Diamondback Energy. The equal bullish and bearish expectations suggest uncertainty, but the stock price increase and positive ratings from financial institutions indicate potential for further growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100