Looking At KLA's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent options activity for KLA (NASDAQ:KLAC) shows a bullish stance among significant investors, with 41% of trades being bullish and 31% bearish. The trading activity suggests a price range of $680 to $1140 over the next three months. KLA's stock is currently down by 8.04% at $797.42, with an earnings announcement expected in 7 days. Analysts have mixed ratings with an average target price of $935.
July 17, 2024 | 6:30 pm
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KLA has seen significant bullish options activity, with 41% of trades being bullish. The stock is currently down by 8.04% at $797.42, with an earnings announcement expected in 7 days. Analysts have mixed ratings with an average target price of $935.
The significant bullish options activity suggests investor confidence in KLA's short-term price increase. Despite the current price drop, the upcoming earnings announcement and mixed analyst ratings with a high average target price indicate potential for a rebound.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100