Whales have been showing a bearish stance on Freeport-McMoRan (FCX) lately. Analyzing options trades over the past 30 days reveals that 81% of investors have opened bearish trades, indicating a negative sentiment. Projected price targets for FCX range from $48.0 to $60.0. Significant trades include a bullish put trade expiring on 05/17/24 with a strike price of $50.00 and a bearish call trade expiring on 04/26/24 with a strike price of $48.00.
Institutional investors have placed significant bearish bets against Boeing (BA), with a notable 60% of options trades indicating a negative outlook. This sentiment contrasts with the more bullish 40% of trades, highlighting a divided market. The potential price range identified by these large traders extends from $145.0 to $250.0 for Boeing. Analysis of call and put volumes and open interest further supports this outlook, revealing growing activity within this price window. Despite the bearish sentiment, Boeing’s current trading position remains relatively stable, with moderate volume and an RSI indicator suggesting potential oversold conditions. The company’s upcoming earnings announcement in two days could influence the stock’s movement and provide further insights into its performance.
Recent options activity indicates a surge in bearish positions by institutional investors or high-net-worth individuals towards Snowflake (SNOW). This negative outlook, represented by 81% of large-scale trades, may signal potential upcoming events that could impact the company’s stock performance. Traders are advised to monitor these significant trades and consider their potential implications for SNOW’s future trajectory.
In a notable bearish move, financial giants have set their sights on Super Micro Computer. Our analysis of options history reveals substantial trades favoring bearish sentiments. As the trading activity suggests, investors anticipate price movements within a range of $360.0 to $1000.0 for SMCI over the past three months.
