Looking At Duke Energy's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Duke Energy (NYSE:DUK), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 10 options trades for Duke Energy, with 70% bearish sentiment. Whales have been targeting a price range from $90.0 to $100.0 for Duke Energy over the last 3 months. The price of DUK is down -0.41% at $93.98. Barclays, Mizuho, RBC Capital, and Morgan Stanley have maintained their ratings on Duke Energy with price targets ranging from $91 to $101.
September 21, 2023 | 5:34 pm
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Duke Energy has seen unusual options activity with a bearish sentiment. The stock price is down -0.41% at $93.98. Analysts have maintained their ratings with price targets ranging from $91 to $101.
The unusual options activity, particularly the bearish sentiment, indicates that large investors are expecting Duke Energy's stock price to decrease. This, combined with the current downward trend in the stock price, suggests a negative short-term impact. The price targets set by analysts range from $91 to $101, which is around the current stock price, indicating that they do not expect significant price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100