American Express Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
The article discusses the recent bullish sentiment among large investors towards American Express (NYSE: AXP) based on options trading activity. It highlights that 75% of the trades were bullish, with significant investors targeting a price range of $230 to $250. The article also mentions the current stock price, trading volume, RSI values, and analysts' ratings.
May 30, 2024 | 8:16 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
American Express has seen a bullish sentiment from large investors, with 75% of recent options trades being bullish. Investors are targeting a price range of $230 to $250. The current stock price is $237.22, and analysts have mixed ratings with target prices ranging from $205 to $263.
The majority of recent options trades on AXP are bullish, indicating positive sentiment among large investors. This, combined with the current stock price and analysts' target prices, suggests a likely short-term upward movement in AXP's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100