Crown Castle Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Crown Castle (NYSE:CCI) has seen unusual options activity with a bearish sentiment. 66% of trades were bearish, with significant put options activity. Analysts have mixed ratings, with price targets ranging from $118 to $127. The stock is currently down 3.01% at $112.2.
October 17, 2024 | 7:00 pm
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Crown Castle has experienced unusual options activity with a predominantly bearish sentiment. 66% of the trades were bearish, with a significant amount of put options. Analysts have mixed ratings, with price targets ranging from $118 to $127. The stock is currently down 3.01% at $112.2.
The unusual options activity with a majority of bearish trades suggests a negative short-term outlook for Crown Castle. The stock is already down 3.01%, and the mixed analyst ratings with a wide range of price targets indicate uncertainty. The bearish sentiment in options trading is likely to put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100