Market Whales and Their Recent Bets on ANF Options
Portfolio Pulse from Benzinga Insights
Financial giants have made notable bearish moves on Abercrombie & Fitch (NYSE:ANF) through options trading. Analysis reveals 16 unusual trades with a mix of bullish and bearish sentiments. The stock is currently trading at $189.5, up by 1.85%, but RSI readings suggest it may be overbought. Expert opinions show mixed ratings with a consensus target price of $162.8.
June 17, 2024 | 8:31 pm
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Financial giants have made significant bearish moves on Abercrombie & Fitch through options trading. The stock is currently trading at $189.5, up by 1.85%, but RSI readings suggest it may be overbought. Expert opinions show mixed ratings with a consensus target price of $162.8.
The significant bearish options activity by financial giants indicates a negative sentiment towards Abercrombie & Fitch's short-term performance. Despite the current price increase, the RSI suggests the stock may be overbought, and expert opinions are mixed with a lower consensus target price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100