Realty Income Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Realty Income (NYSE:O) with unusual options activity noticed. The sentiment among these big-money traders is split between 74% bullish and 25% bearish. The price target for Realty Income over the last 3 months, considering the Volume and Open Interest on these contracts, ranges from $40.0 to $57.5. Wells Fargo and B of A Securities have downgraded their actions on Realty Income to Equal-Weight and Neutral respectively.
October 17, 2023 | 5:30 pm
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Realty Income (NYSE:O) has seen unusual options activity with a significant bullish stance. The sentiment among these traders is 74% bullish. The price target ranges from $40.0 to $57.5. However, Wells Fargo and B of A Securities have downgraded their actions on Realty Income.
The unusual options activity indicates that there is a significant interest in Realty Income's stock, which could potentially drive the price up. However, the downgrades by Wells Fargo and B of A Securities could have a negative impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100