This Is What Whales Are Betting On Pioneer Natural Resources
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Pioneer Natural Resources (NYSE:PXD) by a large investor, as indicated by a large position in the company's options. The sentiment among these big-money traders is split between 64% bullish and 35% bearish. The whales have been targeting a price range from $245.0 to $280.0 for Pioneer Natural Resources over the last 3 months. The price of PXD is currently up 1.25% at $255.0.
October 18, 2023 | 2:31 pm
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POSITIVE IMPACT
A large investor has taken a bullish stance on Pioneer Natural Resources, indicating potential positive movement in the short term.
The large investment in Pioneer Natural Resources' options by a big-money trader indicates a bullish sentiment towards the company. This could potentially drive the stock price up in the short term, especially if the investor's predictions are accurate.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100