Smart Money Is Betting Big In CORZ Options
Portfolio Pulse from Benzinga Insights
Financial giants are making significant bullish moves on Core Scientific (NASDAQ:CORZ) through options trading. Analysis reveals 44 unusual trades with a majority being bullish. The stock is currently down 10.93% at $8.44, with RSI indicators suggesting it may be oversold. Analysts have mixed opinions, with price targets ranging from $13 to $20.
August 13, 2024 | 7:31 pm
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Core Scientific (NASDAQ:CORZ) has seen significant bullish options activity, with 44 unusual trades, 52% of which are bullish. The stock is currently down 10.93% at $8.44, with RSI indicators suggesting it may be oversold. Analysts have mixed opinions, with price targets ranging from $13 to $20.
The significant bullish options activity suggests investor confidence in Core Scientific's future performance. Despite the current stock price drop, RSI indicators hint at a potential rebound. Mixed analyst opinions provide a range of price targets, indicating varied expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100