Unpacking the Latest Options Trading Trends in United Parcel Service
Portfolio Pulse from Benzinga Insights
Recent options trading trends indicate a bearish sentiment among major investors towards United Parcel Service (UPS), with significant options activity suggesting potential price movements. Analysts have mixed ratings, with an average target price of $138.0.
August 20, 2024 | 5:01 pm
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Options trading trends show a bearish sentiment among major investors towards UPS, with significant options activity suggesting potential price movements. Analysts have mixed ratings, with an average target price of $138.0.
The article highlights a bearish sentiment among major investors in UPS, as evidenced by significant options activity. This suggests potential downward pressure on the stock price. Additionally, analysts have provided mixed ratings, with an average target price of $138, which is slightly above the current trading price of $128. This combination of bearish options activity and mixed analyst ratings suggests a likely short-term negative impact on UPS's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100