Behind the Scenes of ARM Holdings's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Recent options trading activity for ARM Holdings (NASDAQ:ARM) shows a bearish sentiment among significant investors, with 50% of trades being bearish and 36% bullish. The trading volume for ARM is down by 1.31%, and the stock is currently neutral according to RSI values. The next earnings report is due in 13 days, and the average price target from analysts is $169.0.
July 18, 2024 | 2:48 pm
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Options trading for ARM Holdings indicates a bearish sentiment with 50% of trades being bearish. The stock is down by 1.31% and is currently neutral according to RSI values. The next earnings report is due in 13 days, and the average price target from analysts is $169.0.
The bearish sentiment in options trading, combined with the recent decline in stock price and neutral RSI values, suggests a potential short-term downward pressure on ARM Holdings' stock. The upcoming earnings report could be a critical factor in determining the stock's direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100