Looking At Estee Lauder Cos's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Estee Lauder Cos (NYSE:EL), indicating a bullish stance by a large investor or institution. The overall sentiment of these big-money traders is split between 70% bullish and 30% bearish. The options trades have targeted a price range from $120.0 to $150.0 for Estee Lauder Cos over the last 3 months. The current price of EL is down -0.98% at $140.0. Redburn Atlantic has upgraded its action to Neutral with a price target of $150.
October 06, 2023 | 7:45 pm
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Unusual options activity has been observed for Estee Lauder Cos, indicating a bullish stance by a large investor or institution. The options trades have targeted a price range from $120.0 to $150.0 over the last 3 months.
The unusual options activity indicates that a large investor or institution is taking a bullish stance on Estee Lauder Cos. This could potentially drive the stock price up in the short term. The targeted price range of $120.0 to $150.0 over the last 3 months also suggests a positive outlook for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100