Unpacking the Latest Options Trading Trends in Procter & Gamble
Portfolio Pulse from Benzinga Insights
Recent options trading trends indicate a bearish stance on Procter & Gamble (NYSE:PG) by big-money investors, with a split sentiment of 44% bullish and 55% bearish. The trading activity focuses on a price band between $110.0 and $185.0. The largest trades include both bullish and bearish calls and puts, with significant open interest and volume in specific strike prices. Procter & Gamble, a leading consumer product manufacturer, has a current stock price of $162.3, with neutral RSI indicators and expected earnings release in 36 days. Analysts have mixed opinions, with an average target price of $171.5.

March 14, 2024 | 4:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Procter & Gamble has seen a bearish stance from big-money investors with a notable split in trading sentiment. The stock's current price is $162.3, with neutral RSI indicators and mixed analyst ratings, pointing towards potential volatility.
The bearish stance by big-money investors, combined with the split sentiment and the current neutral RSI indicators, suggests potential short-term volatility for PG's stock. However, the mixed analyst ratings and the upcoming earnings release add uncertainty, making the short-term price direction unclear.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100