share_log

Options Corner: What the Options Market Tells Us About Lowe's Companies

Benzinga ·  Apr 23 15:37

Financial giants have made a conspicuous bearish move on Lowe's Companies. Our analysis of options history for$Lowe's Companies (LOW.US)$revealed 11 unusual trades.

Delving into the details, we found 27% of traders were bullish, while 72% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $537,872, and 2 were calls, valued at $62,524.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $210.0 to $260.0 for Lowe's Companies over the recent three months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment