United Parcel Service's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
High-rolling investors have shown a bearish sentiment on United Parcel Service (NYSE:UPS), with options data revealing a split sentiment: 44% bullish and 55% bearish. The data, tracked by Benzinga, indicates significant options trades, including one put at $62,500 and eight calls totaling $317,360, targeting a price range of $150. UPS's stock is currently down -0.23% at $150.27, with analysts from UBS and Baird setting price targets of $175 and $170, respectively.
March 05, 2024 | 4:19 pm
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High-rolling investors are bearish on UPS, with significant options trades indicating a split sentiment. Analysts from UBS and Baird have set optimistic price targets of $175 and $170, respectively.
The bearish sentiment among high-rolling investors, indicated by the options data, suggests a cautious outlook. However, the optimistic price targets set by analysts from UBS and Baird could counterbalance this sentiment, leading to a neutral short-term impact on UPS's stock price.
CONFIDENCE 80
IMPORTANCE 90
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