Cheniere Energy Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Cheniere Energy (AMEX:LNG) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 66% bullish and 33% bearish. Whales have been targeting a price range from $150.0 to $190.0 for Cheniere Energy over the last 3 months. The price of LNG is up 4.38% at $170.33, with RSI indicators suggesting the stock may be approaching overbought.
August 09, 2023 | 2:47 pm
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Cheniere Energy has seen significant bullish options activity, with a price target range of $150-$190. The stock is currently up 4.38% at $170.33, potentially approaching overbought.
The unusual options activity indicates that big-money traders are bullish on Cheniere Energy, which could drive the stock price up in the short term. The current price increase and potential overbought status also suggest a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100