What the Options Market Tells Us About Microsoft
Portfolio Pulse from Benzinga Insights
Financial analysis of Microsoft's (NASDAQ:MSFT) options market reveals a bearish sentiment among traders, with 46% showing bearish tendencies versus 40% bullish. The analysis highlighted 15 unusual trades, including 5 puts and 10 calls, indicating a predicted price range for MSFT between $300.0 and $420.0. The largest trades include both bullish and bearish positions, with significant activity in calls and puts. Current market data shows MSFT's price up by 0.51% at $408.74, with a neutral RSI. Analysts have issued varying ratings, with a consensus target price of $481.0.
May 06, 2024 | 2:17 pm
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Microsoft's options market analysis shows a bearish trend despite a current price increase. Analyst ratings vary, with a consensus target of $481.
The bearish sentiment in the options market contrasts with the current slight price increase and optimistic analyst ratings. The detailed options trades and the predicted price range suggest a cautious outlook among traders, but the consensus target price from analysts indicates potential growth. The neutral RSI and upcoming earnings report add to the uncertainty, making the short-term impact neutral as the market digests these mixed signals.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100