Behind the Scenes of Home Depot's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Recent options trading trends for Home Depot (NYSE:HD) show a bearish sentiment among financial giants, with 66% of trades being bearish. The options activity suggests a targeted price range of $300 to $400. Analysts have mixed ratings, with price targets ranging from $330 to $400.
September 11, 2024 | 4:31 pm
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Home Depot's options trading shows a bearish trend with 66% of trades being bearish. Analysts have mixed ratings, with price targets ranging from $330 to $400. The stock is currently down 1.71% at $364.51.
The article highlights a significant bearish sentiment in Home Depot's options trading, with 66% of trades being bearish. This suggests a potential short-term downward pressure on the stock price. Additionally, the stock is currently down 1.71%, and analysts have set mixed price targets, indicating uncertainty in the market. The combination of bearish options activity and mixed analyst ratings suggests a likely short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100