Looking At RTX's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent options activity for RTX (NYSE:RTX) shows a predominantly bearish sentiment among large investors, with 75% of trades being bearish. The price range for RTX is expected to be between $80.0 and $115.0. Analysts have mixed ratings, with price targets ranging from $100 to $141.
May 24, 2024 | 8:18 pm
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NEGATIVE IMPACT
RTX has seen significant bearish options activity, with 75% of trades being bearish. The stock is currently priced at $106.27, with analysts' price targets ranging from $100 to $141.
The majority of options trades (75%) are bearish, indicating a negative short-term outlook. Analysts' mixed ratings add to the uncertainty, but the current price is within the expected range.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100