Looking At Coca-Cola's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent unusual options activity in Coca-Cola (NYSE:KO) shows a bearish sentiment among high-rolling investors, with 53% of trades being bearish. This could indicate insider information. The trading activity suggests a price range of $65.0 to $77.5 for KO in the coming months.
September 11, 2024 | 6:32 pm
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Coca-Cola's recent options activity shows a bearish sentiment among major investors, with 53% of trades being bearish. This could indicate insider information, suggesting a potential price range of $65.0 to $77.5.
The unusual options activity, with a majority of trades being bearish, suggests that significant investors might have insider information. This could lead to a short-term decline in Coca-Cola's stock price as the market reacts to this sentiment.
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IMPORTANCE 80
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