Check Out What Whales Are Doing With ARM
Portfolio Pulse from Benzinga Insights
A large bearish position has been taken on ARM Holdings (NASDAQ:ARM), as noticed by Benzinga's options scanner. The overall sentiment of these big-money traders is split between 31% bullish and 68% bearish. Whales have been targeting a price range from $40.0 to $75.0 for ARM Holdings over the last 3 months. The price of ARM is currently up 3.57% at $52.0.
October 24, 2023 | 3:16 pm
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A large bearish position has been taken on ARM Holdings, indicating potential downward pressure on the stock. The price of ARM is currently up 3.57% at $52.0.
The large bearish position taken on ARM Holdings indicates that big-money traders expect the stock price to decrease. This could put downward pressure on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100