Check Out What Whales Are Doing With MSFT
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Microsoft (NASDAQ:MSFT), with 58% of the observed trades being bearish. The trades include 3 puts amounting to $139,940 and 14 calls amounting to $1,148,511. The whales have been targeting a price range from $285.0 to $365.0 for Microsoft over the last 3 months. The current price of MSFT is up 1.35% at $317.87, with the stock being neutral between overbought and oversold according to RSI indicators.
September 29, 2023 | 2:16 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
A significant investor has taken a bearish stance on Microsoft. The whales have been targeting a price range from $285.0 to $365.0 for Microsoft over the last 3 months. The current price of MSFT is up 1.35% at $317.87.
The bearish stance taken by a significant investor, along with the high percentage of bearish trades, indicates a potential downward pressure on the stock price. The targeted price range also suggests that the investor expects the price to fluctuate within this range. The current price increase and the neutral RSI indicator may not be sustainable given the bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100