Petrobras Brasileiro Unusual Options Activity For September 05
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Petrobras Brasileiro (NYSE:PBR) 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 $10.0 to $20.0 for Petrobras Brasileiro over the last 3 months. The price of PBR is up 2.28% at $14.82.
September 05, 2023 | 7:45 pm
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Unusual options activity indicates a significant bullish stance on Petrobras Brasileiro. The price of PBR is up 2.28% at $14.82.
The unusual options activity, with a majority being bullish, indicates that big-money traders are expecting the price of PBR to rise. This could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100