Behind the Scenes of AbbVie's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Recent options trading trends for AbbVie (NYSE:ABBV) show a bearish sentiment among large investors, with 40% of trades being bearish. The options activity suggests a price range of $165 to $210. AbbVie's stock is currently neutral with a slight decrease in price.
September 24, 2024 | 6:30 pm
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AbbVie is experiencing a bearish sentiment in options trading, with 40% of trades being bearish. The stock is currently trading at $193.61, with a neutral RSI. Investors are eyeing a price range of $165 to $210.
The article highlights a bearish sentiment in AbbVie's options trading, with a significant portion of trades being bearish. This suggests potential downward pressure on the stock price in the short term. The current trading price and neutral RSI indicate that the stock is not overbought or oversold, but the bearish options sentiment could lead to a decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100