This Is What Whales Are Betting On Walgreens Boots Alliance
Portfolio Pulse from Benzinga Insights
Wealthy investors are showing interest in Walgreens Boots Alliance (WBA) through significant options trades, with a split sentiment of 50% bullish and 50% bearish. The options activity suggests a targeted price range of $9.0 to $45.0. Currently, WBA is trading at $9.37, slightly down by 0.11%, and may be oversold according to RSI readings.
August 29, 2024 | 4:49 pm
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Significant options activity in Walgreens Boots Alliance (WBA) indicates mixed sentiment among wealthy investors, with a 50% split between bullish and bearish trades. The stock is currently trading at $9.37, slightly down, and may be oversold.
The article highlights significant options trades in WBA, with equal bullish and bearish sentiment. This suggests uncertainty about the stock's short-term direction. The current price is slightly down, and RSI indicates potential overselling, which could attract buyers. However, the mixed sentiment in options trading suggests a neutral short-term impact.
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