Gilead Sciences Sees Deep-Pocketed Investors Take Bullish Stance, Benzinga Reports
Deep-pocketed investors have taken a bullish approach towards $Gilead Sciences(GILD.US$, Benzinga reported, cited nine extraordinary options activities linked to the stock. About 77% of the trades were leaning bullish and 22% bearish, according to the report.
Four of them were puts, totaling $495,628, and five were calls, amounting to $213,111, the report showed. The volume and open interest data on the contracts traded signal the big players have been eyeing a price that ranges from $50 to $68 for Gilead Sciences shares during the past quarter. The stock traded at 65.56 at 5:41 p.m. in New York Friday. While it's up 0.45% for the day, it's still near the lowest since 2023. Read the full story here: Gilead Sciences Unusual Options Activity
Four of them were puts, totaling $495,628, and five were calls, amounting to $213,111, the report showed. The volume and open interest data on the contracts traded signal the big players have been eyeing a price that ranges from $50 to $68 for Gilead Sciences shares during the past quarter. The stock traded at 65.56 at 5:41 p.m. in New York Friday. While it's up 0.45% for the day, it's still near the lowest since 2023. Read the full story here: Gilead Sciences Unusual Options Activity
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.
1678Followers
11Following
3891Visitors
Follow