This Is What Whales Are Betting On Texas Instruments
Portfolio Pulse from Benzinga Insights
Wealthy investors are showing a bearish stance on Texas Instruments (NASDAQ:TXN) through unusual options activity. Benzinga's options scanner detected 22 uncommon trades, with a split sentiment of 40% bullish and 50% bearish. The trades target a price range of $195 to $230. Analysts have mixed ratings, with price targets ranging from $190 to $298.
October 25, 2024 | 8:45 pm
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Texas Instruments (TXN) is experiencing unusual options activity with a bearish sentiment from wealthy investors. The options trades target a price range of $195 to $230, indicating potential volatility. Analysts have mixed ratings, with price targets from $190 to $298.
The detection of 22 unusual options trades with a bearish sentiment suggests that significant investors expect potential downside or volatility in TXN's stock price. The mixed analyst ratings and wide range of price targets further indicate uncertainty in the stock's short-term direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100