RTX's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Big-money investors have taken a bearish stance on RTX (NYSE:RTX), as indicated by recent options trading activity. Benzinga's options scanner identified 9 uncommon options trades, with a split sentiment of 33% bullish and 44% bearish. The price window for RTX is eyed between $90.0 to $130.0. Analysts have mixed ratings, with a consensus target price of $124.6.
July 31, 2024 | 8:31 pm
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Big-money investors have taken a bearish stance on RTX, as indicated by recent options trading activity. The sentiment is split with 33% bullish and 44% bearish. Analysts have mixed ratings, with a consensus target price of $124.6.
The recent options trading activity shows a significant bearish sentiment among big-money investors, which could indicate a potential decline in RTX's stock price. The mixed analyst ratings add to the uncertainty, although the consensus target price is slightly above the current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100