Comcast Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Investors have taken a bearish stance on Comcast (NASDAQ:CMCSA) with significant options activity indicating a potential price drop. Benzinga's options scanner identified 11 unusual trades, with 90% being bearish. The targeted price range is $39.0 to $47.5. Comcast's stock is currently trading at $39.0, down by 0.41%.
July 01, 2024 | 3:47 pm
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Significant bearish options activity on Comcast suggests a potential price drop. 90% of the identified trades are bearish, targeting a price range of $39.0 to $47.5. Current stock price is $39.0, down by 0.41%.
The unusual options activity with 90% bearish sentiment indicates that large investors expect Comcast's stock price to decline. The targeted price range and the current price drop support this bearish outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100