Behind the Scenes of United Parcel Service's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bullish trend towards United Parcel Service (NYSE:UPS) with significant options activity. Benzinga's options scanner highlighted 18 extraordinary options activities, with 55% bullish and 33% bearish sentiment. The projected price targets range from $127.0 to $165.0. UPS is currently trading at $134.26, down 3.13%, with a neutral RSI. Analysts have mixed ratings with a consensus target price of $150.5.
June 25, 2024 | 6:16 pm
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Deep-pocketed investors have shown a bullish trend towards United Parcel Service (NYSE:UPS) with significant options activity. The projected price targets range from $127.0 to $165.0. UPS is currently trading at $134.26, down 3.13%, with a neutral RSI. Analysts have mixed ratings with a consensus target price of $150.5.
The significant options activity, with a majority being bullish, suggests positive sentiment among investors. The projected price targets and mixed analyst ratings indicate potential upward movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100