Unpacking the Latest Options Trading Trends in ARM Holdings
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors show a bearish trend in ARM Holdings (NASDAQ:ARM) options trading, with a notable division in sentiment: 38% bullish and 46% bearish. The trading activity suggests a price window of $90.0 to $120.0. ARM's current stock price is down by -3.96% at $97.2, with an anticipated earnings release in 7 days. Analyst ratings vary, with an average target price of $119.8, ranging from $85 to $156.
May 01, 2024 | 2:46 pm
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Bearish options trading trend and divided sentiment among investors. Current stock price is down, with an upcoming earnings release. Analysts have varied target prices, indicating potential volatility.
The bearish trend in options trading, combined with the current stock price decrease and the upcoming earnings release, suggests potential short-term volatility. Analysts' varied target prices further support this view, indicating uncertainty about ARM's future performance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100