Smart Money Is Betting Big In Deere Options
Portfolio Pulse from Benzinga Insights
Financial giants are making bullish moves on Deere (NYSE:DE) through options trading, with a significant portion of trades being puts. The price target for Deere is between $320 and $450. The stock is currently trading at $412.06, with a 1.26% increase, but RSI indicators suggest it may be overbought.
September 26, 2024 | 7:31 pm
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Deere (NYSE:DE) is seeing significant bullish options activity, with a price target between $320 and $450. The stock is currently up 1.26% at $412.06, but RSI indicators suggest it may be overbought.
The article highlights significant bullish options activity in Deere, with a price target range that suggests investor confidence in the stock's upward potential. The current price increase and overbought RSI indicate short-term bullish sentiment, but caution is advised due to potential overbought conditions.
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