A Closer Look at Celestica's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
High-rolling investors have shown a bearish sentiment on Celestica (NYSE:CLS) through significant options trades. Benzinga's options scanner identified 8 trades, with 75% being bearish. The price window targeted by these trades ranges from $45.0 to $62.5. Analysts have mixed ratings on Celestica, with a consensus target price of $63.25.
August 15, 2024 | 4:47 pm
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High-rolling investors have shown a bearish sentiment on Celestica (NYSE:CLS) through significant options trades. Benzinga's options scanner identified 8 trades, with 75% being bearish. The price window targeted by these trades ranges from $45.0 to $62.5.
The significant bearish sentiment among high-rolling investors, as indicated by the options trades, suggests a potential short-term decline in Celestica's stock price. The targeted price window and the volume of trades further support this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100