Walgreens Boots Alliance Unusual Options Activity For February 13
Portfolio Pulse from Benzinga Insights
Walgreens Boots Alliance (NASDAQ:WBA) has seen significant options activity, with a bearish sentiment prevailing among investors. Analysis of 9 trades reveals 33% bullish and 66% bearish positions, with options targeting a price range of $10.0 to $25.0. The stock is currently trading at $22.58, down by -0.22%, with an RSI indicating a neutral position. The company, a major retail pharmacy chain in the U.S., is preparing for its earnings release in 42 days.
February 13, 2024 | 5:15 pm
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Walgreens Boots Alliance has seen a bearish sentiment in options trading, with a current stock price of $22.58 and an upcoming earnings release in 42 days.
The bearish sentiment in options trading, combined with the stock's slight decrease and neutral RSI, suggests a cautious short-term outlook. The upcoming earnings release adds to the uncertainty, potentially impacting the stock's short-term performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100