RTX Unusual Options Activity For June 26
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards RTX (NYSE:RTX) through significant options activity. Benzinga's options scanner highlighted 10 extraordinary options activities, with 60% of the trades being bearish. The price target for RTX is between $90.0 and $105.0. RTX's stock is currently down 0.41% at $101.15, with RSI indicators suggesting it may be approaching oversold territory.
June 26, 2024 | 6:17 pm
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Deep-pocketed investors have shown a bearish sentiment towards RTX through significant options activity. The price target for RTX is between $90.0 and $105.0. RTX's stock is currently down 0.41% at $101.15, with RSI indicators suggesting it may be approaching oversold territory.
The significant bearish options activity suggests that investors are expecting a decline in RTX's stock price. The price target range of $90.0 to $105.0 indicates a potential downside. The current stock price is down 0.41%, and RSI indicators suggest it may be approaching oversold territory, which could lead to further declines.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100