Decoding McKesson's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Recent options activity for McKesson (NYSE:MCK) shows a bearish sentiment among large investors, with 58% of trades being puts. The stock is currently down 1.97% at $560.0, and analysts maintain high target prices, indicating potential future growth.
September 05, 2024 | 3:16 pm
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McKesson's recent options activity indicates a bearish sentiment with 58% of trades being puts. The stock is down 1.97% at $560.0, but analysts maintain high target prices, suggesting potential for future growth.
The options activity shows a significant bearish sentiment with 58% of trades being puts, indicating that large investors expect the stock to decline in the short term. However, analysts maintain high target prices, suggesting potential for future growth. The current stock price is down 1.97%, which aligns with the bearish sentiment from options traders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100