EOG Resources Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on EOG Resources (NYSE:EOG) with unusual options activity. The sentiment among big-money traders is split between 33% bullish and 66% bearish. Whales have been targeting a price range from $100.0 to $135.0 for EOG Resources over the last 3 months. The price of EOG is up 0.09% at $126.88. Citigroup, Mizuho, JP Morgan, and Morgan Stanley have maintained their positive ratings on EOG Resources.
October 02, 2023 | 6:01 pm
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EOG Resources has seen unusual options activity with a significant bearish stance. The sentiment among big-money traders is split between 33% bullish and 66% bearish. The price of EOG is up 0.09% at $126.88.
The unusual options activity, particularly the bearish stance taken by big-money traders, indicates a potential downward movement for EOG Resources in the short term. This is despite the fact that the stock price is currently up and several analysts have maintained their positive ratings on the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100