BHP Group Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on BHP Group (NYSE:BHP) as evidenced by unusual options activity. The sentiment among big-money traders is 90% bearish, with 9 puts and 1 call spotted. The targeted price range for BHP Group over the last 3 months is from $35.0 to $55.0. The current price of BHP is up 2.57% at $57.1.
September 22, 2023 | 7:30 pm
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Unusual options activity indicates a bearish stance on BHP Group. The sentiment among big-money traders is 90% bearish, with the targeted price range from $35.0 to $55.0.
The unusual options activity, with a 90% bearish sentiment among big-money traders, indicates a potential downward movement for BHP Group's stock in the short term. The targeted price range is also below the current price of the stock, further supporting the bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100