What the Options Market Tells Us About Deere
Portfolio Pulse from Benzinga Insights
The options market shows significant activity in Deere (NYSE:DE), with a mix of bullish and bearish sentiment. Notably, 11 put options and 1 call option were traded, indicating a focus on a price range of $400 to $450. Analysts have mixed ratings, with price targets ranging from $420 to $496.
October 23, 2024 | 5:00 pm
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Deere's options market shows unusual activity with a mix of bullish and bearish sentiment. Analysts have mixed ratings, with price targets between $420 and $496. The stock is currently trading at $411, with a slight increase of 1.07%.
The options market activity suggests significant interest in Deere, with a focus on a price range of $400 to $450. The mixed sentiment from options traders and analysts' ratings indicates uncertainty in the short term. The stock's current price and RSI suggest it may be approaching overbought territory, but the upcoming earnings announcement could influence future movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100