Smart Money Is Betting Big In Procter & Gamble Options
Portfolio Pulse from Benzinga Insights
Smart money investors have shown a mixed sentiment towards Procter & Gamble (NYSE:PG) options, with a slight lean towards bearish positions. Analysis of 11 significant trades reveals a nearly even split between bullish and bearish expectations, though bearish trades slightly outnumber bullish ones. The focus is on a price range between $157.5 and $165.0 for PG, based on recent options trading activity. Procter & Gamble, a leading consumer product manufacturer, has seen its stock price slightly decrease by 0.75% to $159.2. Analysts have set an average price target of $165.4 for PG, with ratings ranging from Hold to Overweight.
February 22, 2024 | 8:01 pm
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NEUTRAL IMPACT
Procter & Gamble has seen a mixed sentiment in options trading, with a slight preference for bearish positions. The stock price is currently down by 0.75% at $159.2, with analysts setting an average price target of $165.4.
The mixed sentiment in options trading, with a slight bearish lean, suggests uncertainty about PG's short-term price movement. However, the stock's slight decrease and the analysts' optimistic price targets indicate a neutral short-term impact. The importance is rated at 75 due to PG's significant market presence and the attention from analysts.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100