Altria Group Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Altria Group (NYSE:MO), with a significant amount of bearish sentiment among big-money traders. The options trades include 1 put and 7 calls, with a total trade value of $920,247. Analysts have mixed ratings on Altria, with target prices ranging from $41 to $57.
September 16, 2024 | 2:00 pm
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Altria Group has seen unusual options activity with a bearish stance from big-money traders. The options trades include 1 put and 7 calls, totaling $920,247. Analysts have mixed ratings, with target prices ranging from $41 to $57.
The unusual options activity, particularly the bearish sentiment from big-money traders, suggests potential downward pressure on Altria's stock price. The mixed analyst ratings, with some target prices below the current trading price, further support a cautious outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100