Behind the Scenes of Texas Instruments's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Recent options trading trends for Texas Instruments (NASDAQ:TXN) show a bearish sentiment among large investors, with 76% of trades being bearish. The stock is currently trading at $204.94, up 1.54%, but RSI suggests it may be overbought. Analysts have mixed ratings, with a consensus target price of $227.75.
September 04, 2024 | 5:45 pm
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Texas Instruments is experiencing a bearish sentiment in options trading, with 76% of trades being bearish. The stock is currently trading at $204.94, up 1.54%, but RSI suggests it may be overbought. Analysts have mixed ratings, with a consensus target price of $227.75.
The majority of options trades are bearish, indicating a negative sentiment among large investors. Despite a recent price increase, the RSI suggests the stock may be overbought, which could lead to a price correction. Analysts' mixed ratings add to the uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100