Boeing Unusual Options Activity For May 21
Portfolio Pulse from Benzinga Insights
Investors have taken a bearish stance on Boeing (NYSE:BA) with significant options activity. Benzinga's options scanner identified 13 unusual trades, with a split sentiment of 38% bullish and 46% bearish. The trades suggest a price range of $170.0 to $260.0 for Boeing over the next three months.
May 21, 2024 | 4:30 pm
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Boeing has seen unusual options activity with a bearish sentiment. Significant investors are targeting a price range of $170.0 to $260.0 over the next three months. The stock is currently down by -1.05% at $184.65.
The significant bearish options activity suggests that major investors are expecting a decline in Boeing's stock price. The current price drop of -1.05% aligns with this sentiment, indicating potential short-term downward pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100