Looking At Core Scientific's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent unusual options activity for Core Scientific (NASDAQ:CORZ) indicates a bearish sentiment among big-money traders, with 59% of trades being bearish. The stock price has risen by 8.56% to $10.96, and analysts have mixed ratings with an average target price of $14.5.
July 15, 2024 | 2:32 pm
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Core Scientific has seen unusual options activity with a bearish sentiment from big-money traders. The stock price has increased by 8.56% to $10.96. Analysts have mixed ratings with an average target price of $14.5.
The significant bearish sentiment among big-money traders, as indicated by the unusual options activity, suggests potential downward pressure on the stock. Despite the recent price increase, the mixed analyst ratings and the high volume of bearish trades point to a likely short-term decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100