Truist Finl Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Truist Financial (NYSE:TFC), with a majority of investors taking a bullish stance. Of the 10 strange trades detected, 60% were bullish and 40% were bearish. The total amount for the 2 puts was $104,800 and for the 8 calls was $750,363. Whales have been targeting a price range from $15.0 to $30.0 for Truist Financial over the last 3 months. The current price of TFC is up 0.26% at $27.1. Analysts from Morgan Stanley, Piper Sandler, and Raymond James have maintained their ratings on Truist Financial.
October 24, 2023 | 7:46 pm
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Truist Financial has seen unusual options activity, with a majority of investors taking a bullish stance. The current price of TFC is up 0.26% at $27.1.
The unusual options activity, with a majority of investors taking a bullish stance, indicates a positive sentiment towards Truist Financial. This, coupled with the current price increase, suggests a potential short-term positive impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100