Unpacking the Latest Options Trading Trends in Linde
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bullish sentiment towards Linde (NASDAQ:LIN), with a significant move in options trading detected by Benzinga. The activity includes 25 notable options transactions, with a majority targeting a price range of $440.0 to $480.0 for LIN. The current market status of Linde shows a 0.73% increase in stock price to $450.03, with an upcoming earnings report in 14 days. Analyst opinions vary, with an average price target of $514.0, despite some downgrades to Neutral ratings.
April 18, 2024 | 3:34 pm
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Linde sees bullish options trading with a focus on $440-$480 range. Stock price up 0.73% to $450.03, amidst varied analyst ratings and an upcoming earnings report.
The bullish sentiment in options trading, combined with the current positive stock price movement and the anticipation of the upcoming earnings report, suggests a potential short-term upward trend for LIN. Analyst ratings, while mixed, indicate a generally positive outlook with an average price target above the current stock price, further supporting the bullish sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100