Market Whales and Their Recent Bets on META Options
Portfolio Pulse from Benzinga Insights
Recent options trading activity on Meta Platforms (NASDAQ:META) shows a split sentiment among big-money investors, with a slight bearish tilt. Benzinga's options scanner identified 27 unusual trades, with 7 puts and 20 calls. The trading activity suggests a price range of $250 to $580 for META over the next three months. META's stock is currently down by 1.03%, trading at $496.55.
June 21, 2024 | 2:46 pm
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Recent options trading activity on Meta Platforms shows a split sentiment among big-money investors, with a slight bearish tilt. The trading activity suggests a price range of $250 to $580 for META over the next three months. META's stock is currently down by 1.03%, trading at $496.55.
The identification of 27 unusual options trades with a slight bearish sentiment indicates that significant investors may be anticipating a downturn or increased volatility in META's stock price. The current stock price decline of 1.03% supports this bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100