What the Options Market Tells Us About KLA
Portfolio Pulse from Benzinga Insights
The options market shows a bearish sentiment towards KLA (NASDAQ:KLAC) with 15 unusual trades. Despite some bullish trades, the majority of the trades indicate a bearish outlook. The stock is currently trading at $850.58, down by 1.48%, with an RSI suggesting it may be overbought. Analysts have mixed ratings with target prices ranging from $765 to $950.
June 20, 2024 | 3:32 pm
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The options market reveals a bearish sentiment towards KLA with 15 unusual trades, mostly bearish. The stock is currently down by 1.48% at $850.58, with an RSI suggesting it may be overbought. Analysts have mixed ratings with target prices ranging from $765 to $950.
The majority of the options trades are bearish, indicating a negative sentiment among traders. The stock's current decline and the RSI suggesting it may be overbought further support a short-term bearish outlook. Mixed analyst ratings add to the uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100