American Express Options Market Sees Some Investors Take Bearish Stance, Benzinga Reports
Investors with a lot of money to spend have taken a bearish stance on American Express, Benzinga reported, citing 17 uncommon options trades.
Data signal 47% of the big-money trades were bearish and 35% were bullish, according to the report. Three of the trades were puts, for a total amount of $124,002, and 14 were calls, for a total amount of $484,888.
The trade activity shows investors were aiming for a price ranging from $220 to $310 for American Express over the recent three months, the report showed. The stock traded 0.7% lower at $237.48. Read the full story here: Options Corner: Investors Take Bearish Stance on American Express
Disclaimer: Options trading entails significant risk and is not appropriate for all customers. It is important that investors read Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request. Moomoo does not guarantee favorable investment outcomes. The past performance of a security or financial product does not guarantee future results or returns. Customers should consider their investment objectives and risks carefully before investing in options. Because of the importance of tax considerations to all options transactions, the customer considering options should consult their tax advisor as to how taxes affect the outcome of each options strategy.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Moomoo Senior News and Community Manager
Posts and columns do not represent the views of MM. They’re not investment advice.
1691Followers
11Following
3951Visitors
Follow