DexCom Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for DexCom (NASDAQ:DXCM), with a large position indicating a bullish stance. The options scanner at Benzinga spotted 12 uncommon trades, split 50% bullish and 50% bearish. The trades included 2 puts amounting to $99,460 and 10 calls amounting to $1,020,352. The targeted price range for DexCom over the last 3 months has been $85.0 to $130.0. The current price of DXCM is down -1.05% at $94.29. Analysts from UBS, Baird, and Raymond James have maintained their positive ratings on DexCom.
September 19, 2023 | 6:45 pm
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Unusual options activity indicates a bullish stance on DexCom. The targeted price range over the last 3 months has been $85.0 to $130.0. The current price is down -1.05% at $94.29. Positive ratings maintained by UBS, Baird, and Raymond James.
The unusual options activity, with a large position indicating a bullish stance, suggests that there is significant interest in DexCom. This, combined with the positive ratings from analysts, could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100