What the Options Market Tells Us About KLA
Portfolio Pulse from Benzinga Insights
Investors have taken a bearish position in KLA (NASDAQ:KLAC) as indicated by unusual options activity. The sentiment is mixed, with 55% bearish and 44% bullish. The stock is currently down 3.02% at $751.0, with a consensus target price of $835.0. Analysts have mixed ratings, with target prices ranging from $750 to $925.
October 01, 2024 | 3:46 pm
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NEGATIVE IMPACT
KLA (NASDAQ:KLAC) sees unusual options activity with a bearish sentiment. The stock is down 3.02% at $751.0. Analysts have mixed ratings, with a consensus target price of $835.0.
The unusual options activity with a majority bearish sentiment suggests potential negative sentiment or foreknowledge of adverse events. The stock's current decline of 3.02% aligns with this sentiment. Analysts' mixed ratings and target prices indicate uncertainty, but the overall bearish options activity suggests a short-term negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100