Unpacking the Latest Options Trading Trends in KLA
Portfolio Pulse from Benzinga Insights
Recent options trading trends in KLA (NASDAQ:KLAC) indicate a bullish stance among big-money investors, with 7 call options and 1 put option detected. The price range targeted by these trades is between $390.0 and $840.0. KLA's stock is currently trading at $766.07, down by 1.69%, with an RSI suggesting it may be approaching overbought territory. Analysts have mixed ratings with a consensus target price of $820.0.
June 07, 2024 | 7:31 pm
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Recent options trading trends show a bullish stance among big-money investors, with 7 call options and 1 put option detected. The stock is currently trading at $766.07, down by 1.69%. Analysts have mixed ratings with a consensus target price of $820.0.
The detection of 7 call options and only 1 put option indicates a bullish sentiment among big-money investors. This could lead to a short-term price increase. However, the stock is currently down by 1.69%, and RSI readings suggest it may be approaching overbought territory, which could limit the upside potential.
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