What the Options Market Tells Us About Microsoft
Portfolio Pulse from Benzinga Insights
Investors with significant capital have taken a bearish stance on Microsoft (NASDAQ:MSFT), as observed through options trades tracked by Benzinga. The sentiment is split with 20% bullish and 50% bearish. Significant options trades include 1 put and 9 calls, with a total trade amount of $449,649. Analysts have mixed ratings, with a consensus target price of $548.0.
June 28, 2024 | 2:02 pm
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Investors with significant capital have taken a bearish stance on Microsoft, as observed through options trades tracked by Benzinga. The sentiment is split with 20% bullish and 50% bearish. Significant options trades include 1 put and 9 calls, with a total trade amount of $449,649. Analysts have mixed ratings, with a consensus target price of $548.0.
The significant bearish sentiment from large investors, as indicated by the options trades, suggests a potential short-term downward pressure on Microsoft's stock price. Despite mixed analyst ratings, the immediate market reaction may lean towards caution.
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