This Is What Whales Are Betting On ASML Holding
Portfolio Pulse from Benzinga Insights
Wealthy investors have taken a bearish stance on ASML Holding (NASDAQ:ASML), as indicated by 53 uncommon options trades spotted by Benzinga's options scanner. The overall sentiment is 54% bearish and 32% bullish. The price target for ASML ranges from $800 to $1580, with significant open interest and volume in options trading. ASML's stock is currently up 0.22% at $1087.66, with RSI indicators suggesting it may be overbought. Analysts have given it a consensus target price of $1242.5.
July 15, 2024 | 2:16 pm
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Wealthy investors have taken a bearish stance on ASML Holding, with 53 uncommon options trades indicating a 54% bearish sentiment. The stock is currently up 0.22% at $1087.66, but RSI indicators suggest it may be overbought. Analysts have a consensus target price of $1242.5.
The significant number of bearish options trades (54%) suggests that wealthy investors expect a decline in ASML's stock price. Despite the current price increase and positive analyst ratings, the bearish sentiment from big-money traders could lead to short-term downward pressure on the stock.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100