Unpacking the Latest Options Trading Trends in ConocoPhillips
Portfolio Pulse from Benzinga Insights
Significant bullish options activity has been observed in ConocoPhillips (NYSE:COP), with 87% of large-scale traders showing bullish sentiment. The options data suggests a price target range of $100 to $115. Analysts have mixed ratings, with target prices ranging from $129 to $147.
September 30, 2024 | 5:00 pm
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POSITIVE IMPACT
ConocoPhillips has seen unusual bullish options activity, with 87% of large-scale traders showing positive sentiment. Analysts have set target prices ranging from $129 to $147, indicating potential upside.
The unusual bullish options activity suggests that investors expect positive developments for ConocoPhillips. The high percentage of bullish sentiment (87%) and the analysts' target prices, which are above the current trading price, indicate potential short-term upside for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100