Looking At Charter Communications's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Charter Communications (NASDAQ:CHTR), with a majority of investors taking a bullish stance. The trades have targeted a price range of $390 to $400 for Charter Communications over the last three months. The current price of CHTR is $372.82, up 0.22%. Analysts from Benchmark, Bernstein, Morgan Stanley, and Goldman Sachs have maintained their ratings on the company, with price targets ranging from $450 to $600.
October 30, 2023 | 5:01 pm
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Charter Communications has seen unusual options activity, with a majority of investors taking a bullish stance. The current price of CHTR is $372.82, up 0.22%. Analysts have maintained their ratings on the company, with price targets ranging from $450 to $600.
The unusual options activity, majority of which is bullish, indicates that investors are expecting the price of CHTR to increase. This, combined with the fact that analysts have maintained their ratings on the company, suggests a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100