Dollar Gen Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Dollar General (NYSE:DG) as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 39% bullish and 60% bearish. The price of DG is down -3.19% at $153.46, and RSI indicators suggest that the stock may be oversold. Next earnings are expected to be released in 7 days.
August 24, 2023 | 6:33 pm
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Unusual options activity indicates a bearish stance on Dollar General. The stock price is down -3.19% at $153.46. Next earnings are expected to be released in 7 days.
The unusual options activity, with a majority being bearish, indicates that traders are expecting the stock price to decrease. This, combined with the current decrease in stock price and the upcoming earnings release, could potentially lead to a further decrease in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100