American Express's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
American Express (NYSE: AXP) is experiencing a surge in options trading, with a noticeable bearish sentiment among large investors. 47% of the trades are bearish, with significant activity in puts. The stock is currently down 1.23% at $262.13, and analysts have set a neutral rating with a price target around $264.0.
September 18, 2024 | 3:04 pm
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American Express is seeing increased options trading with a bearish sentiment, as 47% of trades are bearish. The stock is down 1.23% at $262.13, and analysts have set a neutral rating with a price target of $264.0.
The article highlights a bearish sentiment in options trading for AXP, with 47% of trades being bearish. The stock is currently down, and analysts have set a neutral rating with a price target close to the current price, indicating limited upside potential in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100