Home Depot Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Home Depot has seen unusual options activity with a bullish stance from major investors. Out of 9 trades, 7 were calls totaling $1,576,800, and 2 were puts totaling $123,000. Analysts have mixed ratings, with price targets ranging from $400 to $460. The stock is currently trading at $418.2, up 0.63%, but may be overbought.
October 16, 2024 | 7:16 pm
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Home Depot has experienced unusual options activity with a bullish sentiment from major investors. Analysts have mixed ratings, with price targets ranging from $400 to $460. The stock is currently trading at $418.2, up 0.63%, but may be overbought.
The unusual options activity with a majority of bullish trades suggests positive sentiment among major investors. Analysts' mixed ratings with high price targets indicate potential for upward movement. The current stock price increase and overbought RSI suggest short-term bullish momentum.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100