DexCom Unusual Options Activity For September 22
Portfolio Pulse from Benzinga Insights
A significant bullish stance on DexCom (NASDAQ:DXCM) has been observed, with 12 uncommon options trades spotted. The sentiment of these big-money traders is split between 58% bullish and 41% bearish. The whales have been targeting a price range from $80.0 to $120.0 for DexCom over the last 3 months. UBS and Raymond James have maintained their Buy and Strong Buy ratings on DexCom, respectively.

September 22, 2023 | 4:46 pm
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DexCom has seen significant bullish options activity. The sentiment of these big-money traders is split between 58% bullish and 41% bearish. UBS and Raymond James have maintained their Buy and Strong Buy ratings on DexCom, respectively.
The observed bullish options activity indicates that big-money traders are expecting the price of DexCom to rise. This, coupled with the maintained Buy and Strong Buy ratings from UBS and Raymond James, suggests a positive short-term impact on DexCom's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100