Unpacking the Latest Options Trading Trends in Altria Group
Portfolio Pulse from Benzinga Insights
Recent options trading trends in Altria Group (NYSE:MO) show a significant increase in activity, with a mix of bullish and bearish sentiments. Wealthy investors or institutions are taking positions, indicating potential upcoming developments. Analysts have mixed ratings on Altria, with price targets ranging from $41 to $57.
September 13, 2024 | 7:24 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Altria Group has seen unusual options trading activity, with a mix of bullish and bearish positions. Analysts have mixed ratings, with price targets ranging from $41 to $57. The stock is currently trading at $52.76, with RSI indicators suggesting it may be overbought.
The unusual options activity suggests significant interest from large investors, which could indicate upcoming developments. However, the mixed analyst ratings and the current stock price being close to the upper range of the options price window suggest a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100