Crown Castle Unusual Options Activity For September 12
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Crown Castle (NYSE:CCI), with a significant amount of bearish sentiment among big-money traders. The options trades include 1 put and 8 calls, with a total trade value of $487,998. The price target for CCI is between $60 and $125. The stock is currently trading at $119.07, down by 0.89%, and may be overbought according to RSI indicators.
September 12, 2024 | 8:17 pm
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Crown Castle has seen unusual options activity with a bearish sentiment from big-money traders. The stock is currently trading at $119.07, down by 0.89%, and may be overbought. The price target is between $60 and $125.
The unusual options activity with a majority bearish sentiment suggests that investors expect a potential decline in CCI's stock price. The current trading price and RSI indicators support this bearish outlook.
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