Texas Instruments's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Whales have taken a bearish stance on Texas Instruments (NASDAQ:TXN) with 50% of recent options trades being bearish. The stock is currently trading at $200.33, up 1.61%, but RSI suggests it may be overbought. Analysts have mixed ratings with price targets ranging from $156 to $250.
July 26, 2024 | 6:16 pm
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Whales have taken a bearish stance on Texas Instruments with 50% of recent options trades being bearish. The stock is currently trading at $200.33, up 1.61%, but RSI suggests it may be overbought. Analysts have mixed ratings with price targets ranging from $156 to $250.
The significant bearish sentiment from large investors, combined with mixed analyst ratings and a potentially overbought RSI, suggests a likely short-term downward pressure on TXN's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100