MetLife Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Benzinga's options scanner detected over 16 options trades for MetLife (NYSE:MET) totaling $2,564,832. Whales have been targeting a price range from $47.5 to $72.5 for MetLife over the last 3 months. Jefferies upgraded its action to Buy with a price target of $72. The price of MET is down -0.97% at $61.09. Next earnings are expected to be released in 29 days.
October 03, 2023 | 6:01 pm
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Unusual options activity has been detected for MetLife, with whales targeting a price range of $47.5 to $72.5. Jefferies has upgraded the stock to Buy with a price target of $72. The stock is currently down -0.97% at $61.09.
The unusual options activity indicates a high level of interest in MetLife's stock, which could lead to increased volatility. The upgrade from Jefferies suggests a positive outlook for the stock, which could drive the price up in the short term. However, the current price drop indicates some bearish sentiment in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100