Check Out What Whales Are Doing With LIN
Portfolio Pulse from Benzinga Insights
Financial analysts have observed a significant bearish sentiment in the options market for Linde (NASDAQ:LIN), with 100% of unusual trades indicating bearish tendencies. The trades consist of 3 puts and 5 calls, with a focus on a price target range between $380.0 and $500.0. Linde, the world's largest industrial gas supplier, has seen its stock price slightly increase by 0.11% to $468.74, despite potential overbought signals. An earnings announcement is expected in 38 days.
March 18, 2024 | 7:30 pm
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Linde (NASDAQ:LIN) exhibits a strong bearish sentiment in the options market, with a notable increase in its stock price to $468.74. An upcoming earnings announcement could further influence its stock performance.
The bearish sentiment in the options market, combined with the slight increase in stock price and the upcoming earnings announcement, suggests a cautious outlook. The focus on a price target range between $380 and $500 indicates market expectations, but the actual impact will depend on the forthcoming earnings results and market reactions.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100