Centene Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Recent options trading activity for Centene (NYSE:CNC) shows a bearish sentiment among big-money investors, with 64% of trades being bearish. The trading volume is high, and the stock price is up by 4.68% to $64.5. Analysts have mixed ratings, with price targets ranging from $66 to $90.

October 25, 2024 | 8:02 pm
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Centene's recent options trading shows a bearish sentiment with 64% of trades being bearish. The stock price is currently up by 4.68% to $64.5. Analysts have mixed ratings, with price targets ranging from $66 to $90.
The high percentage of bearish options trades suggests that investors expect Centene's stock price to decline. Despite the current price increase, the mixed analyst ratings and bearish sentiment indicate potential downward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100