Philip Morris Intl Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
The article discusses the recent options trading activity for Philip Morris International (NYSE:PM), highlighting a bullish sentiment among traders. A significant portion of the trades were puts, with a smaller number of calls, indicating a targeted price range of $100 to $130. The current market status shows a slight decline in PM's stock price, with a neutral RSI and an upcoming earnings announcement. An analyst from Barclays maintains an Overweight rating with a target price of $130.
August 26, 2024 | 7:15 pm
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Philip Morris Intl has seen a bullish sentiment in options trading, with a targeted price range of $100-$130. The stock is currently priced at $119.55, with a neutral RSI and an Overweight rating from Barclays.
The article highlights a bullish sentiment in options trading for PM, with a significant portion of trades being puts. The stock is currently priced at $119.55, and Barclays maintains an Overweight rating with a target price of $130, suggesting potential upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100