Market Whales and Their Recent Bets on RTX Options
Apr 01, 2024
Investors with a lot of money to spend have taken a bearish stance on RTX (NYSE:RTX). And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with RTX, it often means somebody knows something is about to happen. Today, Benzinga's options scanner spotted 9 options trades for RTX. This isn't normal. The overall sentiment of these big-money traders is split between 33% bullish and 66%, bearish. Out of all of the options we uncovered, there was 1 put, for a total amount of $36,905, and 8, calls, for a total amount of $278,379. Predicted Price Range Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $90.0 to $110.0 for RTX during the past quarter. Analyzing Volume & Open Interest Assessing the volume and open interest is ...Full story available on Benzinga.com
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