C3.ai Unusual Options Activity For August 29
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on C3.ai (NYSE:AI) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 63% bullish and 36% bearish. The whales have been targeting a price range from $25.0 to $42.5 for C3.ai over the last 3 months. The price of AI is up 5.03% at $30.69, with RSI indicators hinting that the stock may be oversold. The next earnings are expected to be released in 8 days.
August 29, 2023 | 2:46 pm
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Unusual options activity indicates a significant bullish stance on C3.ai. The stock price is up 5.03% and may be oversold according to RSI indicators. Earnings are expected in 8 days.
The unusual options activity, with a significant bullish stance, indicates that investors are expecting the stock price to rise. The current increase in stock price and the oversold RSI indicators support this. The upcoming earnings release could also positively impact the stock price.
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IMPORTANCE 80
RELEVANCE 100