ON Semiconductor Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Recent options trading activity for ON Semiconductor (NASDAQ:ON) indicates significant market interest, with large trades suggesting a price range between $35.0 and $75.0. Analysts have mixed ratings, with price targets ranging from $75 to $90. The stock is currently trading at $70.02, down 1.8%, with neutral RSI indicators.
August 12, 2024 | 5:31 pm
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ON Semiconductor has seen significant options trading activity, with large trades suggesting a price range between $35.0 and $75.0. Analysts have mixed ratings, with price targets ranging from $75 to $90. The stock is currently trading at $70.02, down 1.8%, with neutral RSI indicators.
The significant options trading activity and mixed analyst ratings suggest heightened interest and potential volatility in ON Semiconductor's stock. The current price and neutral RSI indicate a balanced market sentiment, but the large trades and analyst targets suggest potential upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100