A Closer Look at C3.ai's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Investors have shown a bearish stance on C3.ai (NYSE:AI), with options trading indicating a split sentiment of 44% bullish and 55% bearish. A significant volume of options trades, primarily puts, suggests expectations of price movements between $20.0 and $47.5. The largest trades include both bearish and bullish positions, with notable activity in puts. C3.ai, an enterprise AI company, has seen its stock price slightly decrease to $24.96, with indicators suggesting it may be oversold. The company's next earnings are expected in 50 days.
April 09, 2024 | 6:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
C3.ai has experienced a bearish sentiment in the options market, with a significant volume of puts suggesting expectations of price movements between $20.0 and $47.5. The stock is slightly down at $24.96, and indicators may suggest it is oversold.
The bearish sentiment in the options market, highlighted by a higher volume of puts, suggests that investors are expecting a decrease in C3.ai's stock price. This, combined with the current slight decrease in stock price and the indication of being potentially oversold, could lead to short-term downward pressure on the stock.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100