ARM Holdings's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bearish sentiment towards ARM Holdings, with 45% of options traders being bearish. The options activity suggests a price target range of $100 to $220. ARM's stock is currently up 1.29% at $143.56, but RSI indicates it may be overbought.
September 24, 2024 | 5:01 pm
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ARM Holdings has seen significant bearish options activity, with 45% of traders showing bearish sentiment. The stock is currently trading at $143.56, up 1.29%, but RSI suggests it may be overbought. Options activity indicates a price target range of $100 to $220.
The article highlights a bearish sentiment among options traders for ARM Holdings, with 45% of trades being bearish. This suggests potential downward pressure on the stock price. The current price is $143.56, but the RSI indicates it may be overbought, which could lead to a price correction. The options activity suggests a price target range of $100 to $220, indicating potential volatility.
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