Intuit Unusual Options Activity For May 16
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown unusual bearish options activity for Intuit (NASDAQ:INTU), with 75% of the activity being bearish. This significant move suggests potential upcoming volatility for INTU. The stock is currently trading at $654.17, with an earnings announcement expected in 7 days.
May 16, 2024 | 6:36 pm
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Intuit has seen significant bearish options activity, with 75% of the trades being bearish. This suggests potential upcoming volatility. The stock is currently trading at $654.17, with an earnings announcement expected in 7 days.
The significant bearish options activity, with 75% of the trades being bearish, suggests that investors are expecting a decline in Intuit's stock price. The upcoming earnings announcement in 7 days could further impact the stock's volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100