Core Scientific Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bearish sentiment towards Core Scientific (NASDAQ:CORZ) through options trading. Analysis reveals 63% bearish trades, with significant call and put options activity. The stock is currently down 3.89% at $9.93, with RSI indicators suggesting it may be overbought. Analysts have mixed ratings with target prices ranging from $8 to $10.
June 17, 2024 | 3:16 pm
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Core Scientific (NASDAQ:CORZ) has experienced a bearish sentiment in options trading, with 63% of trades showing bearish tendencies. The stock is currently down 3.89% at $9.93, and RSI indicators suggest it may be overbought. Analysts have mixed ratings with target prices ranging from $8 to $10.
The significant bearish sentiment in options trading, combined with the stock's current decline and overbought RSI indicators, suggests a likely short-term negative impact on CORZ's stock price. Mixed analyst ratings add to the uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100