Looking At ARM Holdings's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent unusual options activity in ARM Holdings (NASDAQ:ARM) shows a bearish stance by big-money investors, with 10 options trades spotted. The sentiment is split between 20% bullish and 40% bearish, with a price target range of $80 to $200. ARM's stock is currently up 1.27% at $145.42, but RSI indicators suggest it may be overbought.
October 09, 2024 | 2:32 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
ARM Holdings has seen unusual options activity with a bearish stance from big-money investors. The stock is currently up 1.27% at $145.42, but RSI indicators suggest it may be overbought. The options activity indicates a price target range of $80 to $200.
The unusual options activity with a bearish stance from big-money investors suggests potential downward pressure on ARM's stock price. The current price increase and RSI indicating overbought conditions further support a potential short-term decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100