ARM Holdings Unusual Options Activity For July 23
Portfolio Pulse from Benzinga Insights
Recent options activity for ARM Holdings (NASDAQ:ARM) shows a bearish stance among major investors, with 52% of trades being bearish. The trading volume and open interest suggest a focus on a price range between $100 and $180. ARM Holdings' stock is currently trading at $162.92, with an RSI indicating it may be approaching overbought territory. Analysts have mixed ratings, with price targets ranging from $169 to $190.
July 23, 2024 | 2:02 pm
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ARM Holdings has seen a noticeable bearish stance in recent options activity, with 52% of trades being bearish. The stock is currently trading at $162.92, and analysts have set price targets between $169 and $190.
The majority of recent options trades for ARM Holdings are bearish, indicating a negative short-term sentiment among investors. The stock's current price and RSI suggest it may be overbought, adding to the bearish outlook. Analysts' mixed ratings provide some support but do not outweigh the bearish options activity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100