Boeing Unusual Options Activity For October 09
Portfolio Pulse from Benzinga Insights
A significant bearish stance on Boeing (NYSE:BA) has been observed in the options market. A large position was noticed on publicly available options history. The overall sentiment of these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $150.0 to $300.0 for Boeing over the last 3 months. Wells Fargo, Deutsche Bank, Susquehanna, and Citigroup have maintained their ratings on Boeing with varying price targets.
October 09, 2023 | 2:16 pm
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Bearish sentiment observed in Boeing's options market may impact its stock price. Analysts have maintained their ratings with varying price targets.
The bearish sentiment observed in the options market indicates that investors are expecting the price of Boeing to decrease. This, coupled with the varying price targets set by analysts, could lead to volatility in the stock's price.
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