Looking At United Parcel Service's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for United Parcel Service (NYSE:UPS), with a large position indicating a bullish stance. The options scanner at Benzinga spotted 13 options trades for UPS, with sentiment split between 53% bullish and 46% bearish. Whales have been targeting a price range from $125.0 to $180.0 for UPS over the last 3 months. The price of UPS is currently down -0.05% at $155.0. Several financial institutions have maintained their ratings on UPS, with price targets ranging from $160 to $200.
October 03, 2023 | 8:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Unusual options activity has been observed for United Parcel Service (NYSE:UPS), indicating a bullish stance. The price of UPS is currently down -0.05% at $155.0. Several financial institutions have maintained their ratings on UPS, with price targets ranging from $160 to $200.
The unusual options activity, particularly the large bullish position, suggests that some investors expect UPS's stock price to rise. This, combined with the maintained ratings and price targets from several financial institutions, indicates a positive short-term impact on UPS's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100