Behind the Scenes of RTX's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have adopted a bearish approach towards RTX (NYSE:RTX), as revealed by Benzinga's options scanner. The significant options activity includes 2 puts and 6 calls, with a general sentiment leaning bearish. Analysts have mixed ratings on RTX, with price targets ranging from $105 to $141.
May 20, 2024 | 7:31 pm
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Deep-pocketed investors have shown a bearish sentiment towards RTX, with significant options activity including 2 puts and 6 calls. Analysts have mixed ratings on RTX, with price targets ranging from $105 to $141.
The significant bearish sentiment from deep-pocketed investors, as indicated by the options activity, suggests potential downward pressure on RTX's stock price in the short term. However, mixed analyst ratings provide a range of price targets, indicating some level of uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100