Market Whales and Their Recent Bets on Coca-Cola Options
Portfolio Pulse from Benzinga Insights
Recent options trading activity on Coca-Cola (NYSE:KO) shows a bearish sentiment among large investors, with 53% of trades being bearish. The options trades include 3 puts and 12 calls, with a total trade value of $1,086,250. The price target for KO is between $55.0 and $77.5. Coca-Cola's current stock price is $71.33, down by 0.56%.
September 24, 2024 | 8:46 pm
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Large investors are showing a bearish sentiment on Coca-Cola with 53% of options trades being bearish. The stock is currently priced at $71.33, down by 0.56%.
The article highlights a significant bearish sentiment among large investors in Coca-Cola options trading, with 53% of trades being bearish. This suggests potential downward pressure on the stock price in the short term. The current stock price is $71.33, which is down by 0.56%, indicating a possible continuation of this trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100