Looking At ConocoPhillips's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for ConocoPhillips (NYSE:COP), with a bearish stance being taken by a whale investor. Of the 22 strange trades detected, 45% were bullish and 54% were bearish. The total amount for puts was $383,464 and for calls was $827,317. Whales have been targeting a price range from $30.0 to $130.0 for ConocoPhillips over the last 3 months. The current price of COP is down -0.82% at $120.08.
September 26, 2023 | 8:01 pm
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ConocoPhillips has seen significant unusual options activity, with a bearish stance taken by a whale investor. The current price of COP is down -0.82% at $120.08.
The bearish stance taken by a whale investor, coupled with the current price drop, indicates a potential negative short-term impact on ConocoPhillips' stock price.
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