Looking At Hewlett Packard's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent analysis of Hewlett Packard's (NYSE:HPE) options activity reveals 14 unusual trades, with an equal split between bullish and bearish sentiments. The trades include 3 puts valued at $227,726 and 11 calls valued at $497,182. Analysts have mixed ratings on HPE, with price targets ranging from $17 to $26. The stock is currently trading at $21.44, down by 1.47%, with an RSI indicating it may be overbought.
June 14, 2024 | 2:16 pm
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Hewlett Packard (HPE) has seen significant options activity with mixed sentiments. Analysts have provided mixed ratings with price targets ranging from $17 to $26. The stock is currently trading at $21.44, down by 1.47%, with an RSI indicating it may be overbought.
The mixed sentiments in options activity and analyst ratings suggest a neutral short-term impact on HPE's stock price. The current trading price and RSI indicate potential overbought conditions, which could lead to short-term volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100