Market Whales and Their Recent Bets on Home Depot Options
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bullish interest in Home Depot (NYSE:HD) options, with 18 unusual trades identified. The focus is on a price range of $310 to $400. Analysts have mixed ratings, with price targets ranging from $330 to $425. Home Depot's stock is currently up 2.16% at $373.26.
August 23, 2024 | 6:05 pm
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Home Depot has seen significant interest from financial giants in its options, with a bullish sentiment prevailing. Analysts have set varied price targets, and the stock is currently up 2.16%.
The article highlights a bullish sentiment in Home Depot's options trading, with a majority of trades being calls. Analysts have set price targets mostly above the current trading price, indicating potential upside. The stock's recent price increase and the bullish options activity suggest a positive short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100