Behind the Scenes of Wolfspeed's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Recent options trading activity for Wolfspeed (NYSE:WOLF) shows a bearish sentiment among big-money investors, with 59% of trades being bearish. The stock is currently trading at $7.56, down 8.14%, with a neutral RSI. Analysts have mixed ratings, with target prices ranging from $14 to $25.
September 09, 2024 | 6:30 pm
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Wolfspeed's recent options trading shows a bearish sentiment with 59% of trades being bearish. The stock is down 8.14% to $7.56, and analysts have mixed ratings with target prices between $14 and $25.
The bearish sentiment in options trading, with 59% of trades being bearish, suggests that investors expect the stock to decline. The stock's recent drop of 8.14% and mixed analyst ratings further support a negative short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100