Altria Group Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Altria Group (NYSE:MO), with a significant amount of bullish sentiment among big-money traders. The options trades include 7 calls and 1 put, indicating a price range of $40.0 to $57.5. Analysts have mixed ratings, with a Buy from Stifel and an Underweight from Barclays.
August 29, 2024 | 2:46 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Altria Group has seen unusual options activity with a bullish sentiment from big-money traders. The stock is currently trading at $53.35, with analysts providing mixed ratings. The options activity suggests a price range of $40.0 to $57.5.
The unusual options activity with a majority of bullish trades suggests that investors expect a positive movement in Altria's stock price. The mixed analyst ratings provide a balanced view, but the options activity indicates a stronger short-term bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100