Decoding Elevance Health's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Elevance Health (NYSE:ELV) has seen significant options activity with a mix of bullish and bearish trades. The stock is currently trading at $534.89, down by 0.92%. Analysts have revised their ratings to 'Overweight' with price targets around $600-$615. The options activity suggests a targeted price range of $490 to $540.
September 23, 2024 | 6:31 pm
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Elevance Health's options activity shows a mix of bullish and bearish trades, with a targeted price range of $490 to $540. Analysts have set 'Overweight' ratings with price targets of $600-$615, indicating potential upside.
The options activity for Elevance Health is mixed, with both bullish and bearish trades. Analysts have set 'Overweight' ratings with higher price targets, suggesting potential upside. However, the current price is within the options' targeted range, indicating a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100