Smart Money Is Betting Big In ARM Options
Portfolio Pulse from Benzinga Insights
Whales are showing a bearish stance on ARM Holdings with 52% of options trades being bearish. ARM's stock is currently down 1.28% at $159.75, and RSI indicators suggest it may be overbought. The next earnings report is expected in 22 days.

October 15, 2024 | 1:46 pm
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ARM Holdings is experiencing a bearish sentiment from large investors, with 52% of options trades being bearish. The stock is currently down 1.28% and may be overbought according to RSI indicators. Earnings are expected in 22 days.
The article highlights a bearish sentiment among large investors in ARM Holdings, with a majority of options trades being bearish. The stock's current decline and RSI indicators suggesting it may be overbought further support a negative short-term outlook. The upcoming earnings report in 22 days could also influence stock performance.
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